theguy on Nostr: Fractional Reserve Banking allows banks to lend out more money than they actually ...
Fractional Reserve Banking allows banks to lend out more money than they actually have in deposits. 🏦💸 Essentially, it’s legal fraud. This system creates money out of thin air, leading to inflation and the devaluation of your hard-earned savings. The next time you see a shiny new bank ad, remember, they’re not safeguarding your wealth; they’re inflating it away. #soundmoney #finance #inflation
Published at
2025-01-28 03:00:00Event JSON
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"content": "Fractional Reserve Banking allows banks to lend out more money than they actually have in deposits. 🏦💸 Essentially, it’s legal fraud. This system creates money out of thin air, leading to inflation and the devaluation of your hard-earned savings. The next time you see a shiny new bank ad, remember, they’re not safeguarding your wealth; they’re inflating it away. #soundmoney #finance #inflation",
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