SimplifiedPrivacy.com on Nostr: The entire system of fractional reserve banking causing inflation is corrupt to begin ...
The entire system of fractional reserve banking causing inflation is corrupt to begin with. The free market should decide the price of money and interest rates, not the central bank. To add minimum wage on top of this is disorting it even further.
If your landlord charges more, you don't have "nowhere else to go", you can go to a different landlord and change apartments. If they ALL rise, then that's what it's worth, that's the true value.
It's only because the Fed disorts interest rates that real estate goes up to begin with. That's why your rent is so high
Published at
2024-06-05 20:44:21Event JSON
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"content": "The entire system of fractional reserve banking causing inflation is corrupt to begin with. The free market should decide the price of money and interest rates, not the central bank. To add minimum wage on top of this is disorting it even further.\n\nIf your landlord charges more, you don't have \"nowhere else to go\", you can go to a different landlord and change apartments. If they ALL rise, then that's what it's worth, that's the true value.\n\nIt's only because the Fed disorts interest rates that real estate goes up to begin with. That's why your rent is so high",
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