The Forum > Article Comments > Holding babies won't cut it for Gillard > Comments
Holding babies won't cut it for Gillard : Comments
By Kellie Tranter, published 13/8/2010Julia Gillard’s gender should be her greatest strength, not a political weakness.
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>>Money only represents human productivity and potential.<<
That it is exactly the rationale behind fractional reserve banking. You lend money, on the basis of observed productivity, and the potential of the borrower to repay.
Productivity and potential. Pretty straightforward, really.
Incidentally, you do yourself no favours when you say stuff like this:
>>The harder problem will be getting our RBA to produce what is rightfully ours ie our GDP + inflationary money of $7000 for every working person pa<<
Take a look through this page...
http://www.rba.gov.au/monetary-policy/about.html
And then tell me how the RBA "produces money".