Message from @Muten
Discord ID: 599461119853330439
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
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
@Muten we didn't though. That was literally what their professions were, in the countries they came from
ha
This is like expecting Mexicans to farm, because that's the service they've come to offer
I knew (((they))) were lying
If they wanted to do something different, they'd have presented it on the way in
Mind you, we were at war when we took them
Or rather, the beginning of it
In the past banks, printed THEIR OWN currency. This currency was then owned by the owners of the banks. They handed over legal tender, in exchange for the currency of the bank. They could use it for trade if others wanted it but 🤷🏻 You weren't forced to take it.
The amount of money in circulation only increased because it was printed by the Government.
That system needed culture though, goy