Hello Chris,

Thank you for these important contributions. First, thank you also for the clarification about the timing of a referendum, it has been devilishly difficult to get information about this issue in English, and here in the United States. Second, also thank you for indicating that there are differences between the Chicago Plan and Vollgeld. However, I did not say that the two were identical; the piece before you is one about the ending of fractional reserve banking.

Also, I am confused by your inclusion of the Positive Money website, because it seems very different than the Vollgeld website, which is the Swiss site I linked to. For one thing, Positive Money seems last updated in 2013, whereas Vollgeld is up-to-date with the latest developments. Please clarify why you included this link. Last, Positive Money is proposing something almost exactly like the Chicago Plan, but using slightly different language. It sounds as if you thought there were significant differences, please feel free to enumerate those differences if you would like.

Yes, I was referring to Iceland and Switzerland using a left-right framework, and still think that two countries of normally different dispositions toward the role of business discussing similar policies is interesting. Yes, there are similarities, but that is true of any two things that can be compared.

Yours, in service,

Jason