Keiser discussion on how banks create new money

[Overthetop]

Max Keiser just had a guest on who gave a great overview on how banks create new money for loans, and extinguish the money when the loan is repaid. It was at times uncannily like Bytemaster's original Bitshares video:

Skip to 15:00: http://rt.com/shows/keiser-report/159940-episode-max-keiser-603/

Then they made the point that this power to create new money needs to be done more transparently with greater limits, and with real collateral. I kept thinking "Bitshares X is the answer"

Yes， Bitshares will be the answer!

[xeroc]

I am sure we can send some PTS-love to who ever joins force in writing a nice letter to that guy.
Sure we could also collaborate on that. Nice way to test "real-time padding" (tm)  :-)

[CLains]

Now is the time to give them an eloquent call, send them a well-crafted email, etc. !

[xeroc]

+5%

[speedy]

Max Keiser just had a guest on who gave a great overview on how banks create new money for loans, and extinguish the money when the loan is repaid. It was at times uncannily like Bytemaster's original Bitshares video:

Skip to 15:00: http://rt.com/shows/keiser-report/159940-episode-max-keiser-603/

Then they made the point that this power to create new money needs to be done more transparently with greater limits, and with real collateral. I kept thinking "Bitshares X is the answer"