Message from @Reprehensibletrash
Discord ID: 599460568637767683
I mean I didn't know shit about money until like 10 minutes ago, so them figuring it out by 2014 is much better than me
<:sarGOY:462286263622303754>
oh shit they were the FIRST?
Of fuck
I swear to fuck, these political figures and ceos are foreskin golems
OH
OH
They make the money because they control the arbitrary electronic numbers in your bank account
and everybody accepts it
deny money
so they literally print money
and you win
Yes
2nd was the Bundesbank(Germany) and then the US Fed had one of its board members believe this as well.
So, its general knowledge now.
but why do people accept the bank's money?
why can't i just create loans as well
You don't have a banking lisence.
OI DO YOU HAVE A LOICENSE FOR DAT!?
you need a loicence for that one bucko
so here's how to win
imagine literally the government making people rich
become a bank man
We don't have an economy. Not really. (((They))) have an economy, that we borrow.
and loan out to as many people as possible
profit
This mess is why Crypto became popular.
no inflation
isn't crypto crap?
or at least
finite inflation
@Muten it's unstable
I don't think its a good solution, but its understandable as to why people would seek out alternative stores of value.
as an actual currency it seems garbage for anything other than black market transcations
but what happens to the deposits the banks actually have
Not crap, it's just not easy to make safe money
it seems too volatile to be a decent currency
it's good for extremely short term transactions
?
Not really anymore