What is Nostr?
EdwardDiamondhands / Edward Lightninghands
npub1khg…6twl
2023-03-14 03:34:54
in reply to nevent1q…0a46

EdwardDiamondhands on Nostr: For this iteration of Bank Crisis, will a critical mass of people lose trust in banks ...

For this iteration of Bank Crisis, will a critical mass of people lose trust in banks and demand real reform, or will regulators simply double-down on the monopoly and force people to continue in the current modality?

Trick question: no matter how many people are disillusioned, governments will proclaim major reform and shout very loudly at “bad banks”, while simultaneously doubling down on enforcing the monopoly and securing their and their banker-friends’ long-term prosperity.
Author Public Key
npub1khgg4g4qaswewjx8rt5eyfu3mzs9nsn7n3va45829q2txldnldvqdr6twl