Had a great convo with my wife last night about fractional reserve banking.
It’s so refreshing to talk to someone not steeped in this madness because we forget how truly wicked our monetary systems are.
She was asking simple questions like:
“If they know printing money causes inflation and bank runs why do they keep doing it?”
“Why is their a debt ceiling if it just gets raised every time it’s exceeded?”
“Why are banks not prepared for bank runs after decades of them happening the same way, under the same conditions every time?”
Don’t get numb to this madness!
jed / Jed ₿ridges
npub1ar…76lh2
2023-03-15 15:49:46
Author Public Key
npub1ar22w5yjgmfnstv0mwsklwjvmzgy2rgeg6spxylm802cyy5mjc7sq76lh2Published at
2023-03-15 15:49:46Event JSON
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"content": "Had a great convo with my wife last night about fractional reserve banking.\n\nIt’s so refreshing to talk to someone not steeped in this madness because we forget how truly wicked our monetary systems are.\n\nShe was asking simple questions like:\n\n“If they know printing money causes inflation and bank runs why do they keep doing it?”\n\n“Why is their a debt ceiling if it just gets raised every time it’s exceeded?”\n\n“Why are banks not prepared for bank runs after decades of them happening the same way, under the same conditions every time?”\n\nDon’t get numb to this madness!",
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