On Wed, 02 Apr 2008 08:26:48 -0700, Darren New <dne### [at] sanrrcom>
wrote:

>
>What *I* don't understand is how you do accounting for 
>fractional-reserve banking. Except to the extent that you're actually 
>only creating promises in return for promises.

You don't, hence the credit crunch 

Boom! Boom! :)
-- 

Regards
     Stephen

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