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.
Published at
2024-07-04 18:59:46Event JSON
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