What is Nostr?
aucheinervonnebenan / Noch einer von nebenan
npub1rce…dmxw
2023-02-22 16:41:50
in reply to nevent1q…jacz

aucheinervonnebenan on Nostr: It's printing money in a fractional reserve banking system. Welcome to the real ...

It's printing money in a fractional reserve banking system. Welcome to the real world.

When you get a loan from an existing balance, it's not printing money. The lender cannot use the lent money in any other way. This was the task of banks before the introduction of central banks.
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