Comment: It won't work for the simple

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It won't work for the simple

It won't work for the simple reason all the small banks are also agent banks for the federal reserve too they all deal in federal reserve money from nothing credit and FRN's. Won't hurt the fed one bit because they still have a monopoly in the currency and small local banks and credit unions still have to get license from the Fed to use the currency etc. might not be a bad idea for collapsing the big banks like B of A etc. but whats to stop them from just being bailed out like they were before...

I wish it were that simple but it's not unfortunately.

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