And you are a federal reserve of
which federation?
![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
Hi,
The Federal Reserve of WIP "enjoys a unique public/private structure". We are private, but serve an important public debate role. As well, we hope through our actions and moderately inflationary currency, stable prices (intro parity of $0), and other examples, to show some of the benefits of a fiat system run under good stewardship.
Why don't you become an allied bank by taking out an interbank loan from the Federal Reserve of WIP. You can then lend that currency out or use it in other ways subject to the conditions outlined at the top of this post. If nothing else, it should prove an interesting comparison with decentralized crypto currencies.
There are currently no collateral requirements at all.
We hope to keep WIP stable and growing and welcome anyone who is on board. We also welcome any questions or debate, here or in the other threads.
We look forward to hearing from you.
Best regards,
Chairman of the Federal Reserve of WIP