Vic on Nostr: Some people still think - the dollar is backed by gold - US wealth is in Fort Knox - ...
Some people still think
- the dollar is backed by gold
- US wealth is in Fort Knox
- US National Debt is money we owe to ourselves
- US National Debt is money owed by citizens or residents
- banks have money
- banks make loans against deposits
- banks have or are required to have reserves
- banks are solvent
- banks are trustworthy
none of the above are true.
I'm at a bank.
What a fucking travesty.
Published at
2024-04-09 19:05:40Event JSON
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