Sound Money

No more 'good bank-bad bank' fraud. Fractional reserve banking is a fraudulent system that inflates the money supply. The Federal Reserve prints 2-5% more money than they destroy, every year, thus inflating the money supply. An increasing money supply will result in rising prices for those who do not create the fiat money. Only counterfeiters benefit from fiat money.

We need 2 banks. One, a depository bank, backed by 100% assets. Essentially, they will be warehouses, wear you can store your money. Two, investment banks, modelled on the joint-stock venture. Risk capital can be concentrated and employed, at no further liability to the individual other than the money ventured. 100% asset backed, again.