Talk:First Bank of the United States/Archives/2017
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Removal of confusing statement
I deleted the following: "By continuously insisting on these conditions, the First Bank of the United States might technically possess $500,000 in "real" money that it could, and would, use as security to make loans up to its capitalized limit of $10 million." because the math doesn't make sense and the "real" in quotation marks seems to indicate a gold-bug POV. I considered replacing "real" with specie, but that would leave the math problem and I can't be sure that what the original author had in mind. I also considered replacing the $500,000 with 2 million (which is what the math works out to assuming 8 million with 25% in specie) but if I made both changes the whole statement reduces to just doing the math for the reader... it doesn't seem to make any other point or forward understanding in any way. So I simply removed it because as it is it is incoherent. Baon (talk) 19:40, 3 December 2017 (UTC)