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by 345218435
2488 days ago
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that‘s a nice theory. what actually happens is, when you borrow money, they put the numbers into your account and the negative on their balance sheet. that‘s the basic process of money-creation in a fiat system. out of thin air. debt-based on top so that nobody ever gets away. but yeah, everybody likes to believe that the amount of money in the system represents goods and services. |
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