‘U.S. banks told to make plans for preventing collapse’

August 10, 2012

Like adopting 100% reserves? Nope. The inherently bankrupt will stay that way, until—no matter what this article claims—they need a few trillion from the Fed.

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The Best of Llewellyn H. Rockwell, Jr.

Llewellyn H. Rockwell, Jr., former editorial assistant to Ludwig von Mises and congressional chief of staff to Ron Paul, is founder and chairman of the Mises Institute, executor for the estate of Murray N. Rothbard, and editor of LewRockwell.com. He is the author of Against the State and Against the Left. Follow him on Facebook and Twitter.