Message from @Mr. Nessel
Discord ID: 680905175887773822
Not at all
Private banks print money?
No
I thought it was the federal reserve
They deposit only a tiny percentage of your money
And loan out more
Yea
That's fractional reserve banking then
Central banks lend to private banks
They're separate from governments
Trump can't tell the Federal reserve to print more to pay for soemthign for example
Central banks try to keep inflation at around 2%
By lending money to private banks
It's honestly a nonsensical system
But bankers love it
`/\>,`
Fractional reserve banking doesn't technically require central banks though
It's just two cancers
Just end banking
Banking has some utility
End the economy
anyway good night
Safekeeping money and using profits to lend to nonrisky opportunities is ok
But the system right now is utterly fucked
@Skellington People should just respect Romans 1 lol
@Deleted Userromans 1 what
should i get this book
'
@Skellington Romans 1 pranks fags hard
@Nick Fuentes Picks his nose just read the pdf
I would prefer reading out of a baook
I read the pdf
it wasn't that long
Post the pdf
I need a new book to read
Might as well read it since it's short
read a real book
the problem with fascism is that it's a 20th Century ideology that arose in response to 20th Century problems
It's actually a 19th century ideology though and actually more relevant now