That is where we would differ then. I believe that the money supply should be free of interest - but banks should be able to lend money at interest. I do not however believe that they should be able to lend money on a fractional basis (that is create money by creating debt).
And I couldn't disagree with banks going to the wall if they made bad loans - but that is hardly relevant to a discussion of the Gold Standard.
Edited by Br Cornelius, 30 September 2012 - 08:21 AM.