Currencies and Money

My question to ABC’s Q and A show panel

Why don’t any politicians acknowledge the true cause of inflation, fractional reserve lending which allows banks to issue hundreds of billions in credit literally ‘out of thin air’? Why don’t ALP and Liberal governments take back our currency issuing powers?

‘virtual currency’ to ‘real currency’, a very sweet business if you can build one

Coin of the Realm, revisited Posted on April 2, 2008 by Kaiser Kuo at Olgivy Digital Watch China covers a story on the issues surrounding virtual currency called QQ coins, and the potential impacts of its trade into Yuan (RMB).My comment on this: ‘virtual currency’ to ‘real currency’, a very sweet business if you can […]