tag:blogger.com,1999:blog-10213884.post2376265348123492326..comments2024-02-17T21:46:12.329+00:00Comments on A Gurn from Nurn: Nationalise the banks and privatise the Post Office!Graisghttp://www.blogger.com/profile/07238279516517079956noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-10213884.post-88296379344865498952009-02-25T20:01:00.000+00:002009-02-25T20:01:00.000+00:00There will ever be a bank that will work if all de...There will ever be a bank that will work if all depositors demand to withdraw their cash.<BR/>I do however like the Post Office idea, and like you Graisg would rather support our posties than our bankers!<BR/>I believe a fundamental for a bank to work is that of trust, I wonder as to how many of those in our High Streets would gain that badge these days?Nairnhttps://www.blogger.com/profile/03860925312675238011noreply@blogger.comtag:blogger.com,1999:blog-10213884.post-58303797386398372732009-02-25T07:14:00.000+00:002009-02-25T07:14:00.000+00:00Wouldn't it be easier to pay out all the depositor...<I>Wouldn't it be easier to pay out all the depositors in the failed banks ...</I><BR/><BR/>There simply isn't the money to do that particular little bit of your plan, apart from printing the stuff - and thoroughly debasing the currency in the process (<I>aka Zimbabwe</I>); mind you, 'quantitative easing' is set to do some of that over coming years.Billhttps://www.blogger.com/profile/10393265755614039206noreply@blogger.com