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

You aren't allowed to, because of legal restrictions put on the actual citizens

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

it was good

for extremely short term transactions

Was. As was everything before they took it

?

(((they)))

are money goblins

In the past, we did have a good banking system.

It is possible.

tbh we are the ones who screwed ourselves

we forced them into finance

But then we took the exact same people who were pulling this scam in Germany

tho this is according to (((them))) so IDK

what happens to the deposits the banks actually have