Peyton Allworth on Nostr: #Bitcoin is the measuring stick that reveals the scam ...
#Bitcoin is the measuring stick that reveals the scam
quoting note1laz…nw3a1. Convince the public owning a home is the American dream, tell them that homes are a store of value, and should be the main avenue in which the public saves their labor.
2. Set up system in which home ownership can be achieved from a mortgage.
3. Expand the money supply via money creation from fractional reserve lending. Yes even mortgages.
4. As people’s homes and wealth is diluted from new housing tax the “gains” that all came from the money expansion.