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by IntFee588
1290 days ago
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That's not what he's saying. The "digital money" can be real if it is put into circulation by the central bank, by buying assets. There is no inherent connection to paper currency. You may feel like you're above this, but this excess leverage in the economy affects everyone who has a mortgage, works a job, or participates in the traditional economy in any way. For instance, businesses regularly draw on their credit facilities to make pay, and even well-run businesses usually hold debt. The artificially set price of these "chips" has a massive effect on all sectors. |
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