tag:blogger.com,1999:blog-8764541874043694159.post1917797838685047213..comments2024-03-28T12:23:39.665+00:00Comments on Coppola Comment: A fractional reserve crisisFrances Coppolahttp://www.blogger.com/profile/09399390283774592713noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8764541874043694159.post-42353773612358619672023-04-22T13:08:02.774+01:002023-04-22T13:08:02.774+01:00Thank you Frances, I really enjoyed this article. ...Thank you Frances, I really enjoyed this article. It throws light on a topic I find particularly dense. Would you like to come onto the New Money Review podcast (https://blubrry.com/newmoneyreview/) to talk about it? Paul Ameryhttps://www.blogger.com/profile/09436554124792525044noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-40046420198134088172023-04-19T12:47:01.970+01:002023-04-19T12:47:01.970+01:00Corrected. Thanks David! Corrected. Thanks David! Frances Coppolahttps://www.blogger.com/profile/09399390283774592713noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-59555291902904425912023-04-18T14:16:27.461+01:002023-04-18T14:16:27.461+01:00"This created a 'death spiral', a dan..."This created a 'death spiral', a dangerous negative feedback loop that threatened to spill over to other markets too and even to the real economy." I think you meant to say "positive feedback loop" which amplifies rather than diminishes a disturbance. Otherwise, an exceptionally lucid and insightful explanation of why fractional reserve banking is an unavoidable property of any complex dynamic economic system. Brava!David Glasnerhttps://www.blogger.com/profile/12159754130499914976noreply@blogger.comtag:blogger.com,1999:blog-8764541874043694159.post-61871930483766340292023-04-17T13:33:07.052+01:002023-04-17T13:33:07.052+01:00Crypto scam, ponzi, and shadow banks utilize a uni...Crypto scam, ponzi, and shadow banks utilize a unit of value bitcoin, stablecoin, or $ but the article conflates crypto currency with traditional financial counter party poor risk managment and/or illegal activity. In most of these situations the escape hatch is non reserved US $ which itself is a highly liquid consensus liability exceeding asset layer zero system. What asset exists outside this system that is positively trophic to expanding system liquidity devaluation of the $, and resistant to capital controls?Ophthalmologyhttps://www.blogger.com/profile/04865658922016572246noreply@blogger.com