Eric 🇻🇦🇨🇦🇵🇹 on Nostr: And people are up in arms about the Fed Reserve... Commercial banks create money out ...
And people are up in arms about the Fed Reserve...
Commercial banks create money out of thin air every time you take out a mortgage, or get a car loan.
Commercial banks and 'Fictional' reserve banking are a bigger problem then the Fed.
End Fractional Reserve banking.
Published at
2024-09-14 19:22:57Event JSON
{
"id": "c10be538cbae5f0e325863eeca35467e05693a043e0e29297e6c9540ebd80820",
"pubkey": "a12fb7fe051724a34ef3409ebcdb377b9d1157a79b7a2fcd8d008995f190d9fe",
"created_at": 1726341777,
"kind": 1,
"tags": [
[
"e",
"b4dd0cd373ab935bbd7659294616ba2386bce46f86e86b32a2faec831e144456",
"",
"root"
],
[
"p",
"32e1827635450ebb3c5a7d12c1f8e7b2b514439ac10a67eef3d9fd9c5c68e245"
]
],
"content": "And people are up in arms about the Fed Reserve... \n\nCommercial banks create money out of thin air every time you take out a mortgage, or get a car loan. \n\nCommercial banks and 'Fictional' reserve banking are a bigger problem then the Fed. \n\nEnd Fractional Reserve banking. ",
"sig": "c3af4e7fb16d71658adb525f17c3755a054b94b6d64f9c7cddc20931291eedc5db6cdb3a38736b23706ff324478e40412a29cbf8b44410d093796d8c83571a9a"
}