1996-04-13 - Re: Money supply is fake anyway
Header Data
From: “Perry E. Metzger” <perry@piermont.com>
To: cypherpunks@toad.com
Message Hash: e499029518e5319a5365a3fcae2372bbc8b748e767f7e4b5123a03dda85839d7
Message ID: <199604112225.SAA22025@jekyll.piermont.com>
Reply To: <199604112204.RAA22999@cdale1.midwest.net>
UTC Datetime: 1996-04-13 18:04:54 UTC
Raw Date: Sun, 14 Apr 1996 02:04:54 +0800
Raw message
From: "Perry E. Metzger" <perry@piermont.com>
Date: Sun, 14 Apr 1996 02:04:54 +0800
To: cypherpunks@toad.com
Subject: Re: Money supply is fake anyway
In-Reply-To: <199604112204.RAA22999@cdale1.midwest.net>
Message-ID: <199604112225.SAA22025@jekyll.piermont.com>
MIME-Version: 1.0
Content-Type: text/plain
I've answered Mr. Smith in private mail.
.pm
"David E. Smith" writes:
> > > Banks "invent" money on a daily basis.
> >
> > Really? Since when?
> >
>
> That's something from college-level economics. If a bank
> has reserves in excess of their reserve requirement, they
Thread
Return to April 1996
- Return to “Alan Horowitz <alanh@infi.net>”
- Return to ““David E. Smith” <dsmith@midwest.net>”
Return to ““Perry E. Metzger” <perry@piermont.com>”
- 1996-04-13 (Sat, 13 Apr 1996 22:45:58 +0800) - Re: Money supply is fake anyway - “David E. Smith” <dsmith@midwest.net>
- 1996-04-13 (Sun, 14 Apr 1996 02:04:54 +0800) - Re: Money supply is fake anyway - “Perry E. Metzger” <perry@piermont.com>
- 1996-04-30 (Tue, 30 Apr 1996 22:16:46 +0800) - Re: Money supply is fake anyway - Alan Horowitz <alanh@infi.net>