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In the midst of our economic slowdown, the U.S. Treasury Dept has issued what they are calling the "Blueprint for Financial Regulatory Reform". The highlights, as given by an article on Yahoo!'s website , are as follows: --designate the Fed as the primary regulator for market stability...
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[quote user="DSnead"]A contract presupposes property rights. Fractional reserve banking violates private property rights because two or more people claim ownership of the exact same thing...[/quote] DSnead , I would think that it would be a conditional transfer of property from the owner to...