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Brunswick
npub1c85…6lkc
2024-07-04 18:59:46
in reply to nevent1q…35a3

Brunswick on Nostr: I'm making the point that "fractional reserve" isn't considered theft as long as the ...

I'm making the point that "fractional reserve" isn't considered theft as long as the bank is only lending out reserves against debt that their debtors are current on their loans. This is why "free banking" technically isn't engaging in theft.
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