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Comment: You suggest a tax on "make-believe" fractional reserve banking?
You suggest a tax on "make-believe" fractional reserve banking?
NY NY. Wise Idea heard on the street: "One more is a tax on all income generated from "leveraged" money (i.e. money not owned by the profiteer - see fractional reserve banking)." - tamckissick
Printer-That-Be: No thanks to you! You just wait until I tell Mark Twain about your crazy idea! He might like it. He will convince others that your idea is... is nothing but taxing make-believe fantasy. Humph! Nothing but fantasy. [Roll eyes.
You may as well make up a tax on fantasy metal-manipulation while you are at it! Humph! You frost me! Crazy! [Roll eyes again, showing no sign of horror. Run to Federal Reserve Bank, muttering all the way.] This m must be stopped. This m must be stopped... [Scamper back inside bank.]
[Dial the Crown to sound alarm.]
Operator, The Crown, London: Hello. Your call will [certainly] be recorded for quality control [& other unmentionable] purposes. May I help you?
PTB: Yes. It's me. We [the Royal We] got troubles. Tax on Fractional Reserve Banking....
Operator: I will connect you right away sir. Please hold...
PTB: [Still muttering...] This idea must be ridiculed till even Hell won't have it! Hello? ... Hello? ....
Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul ☑