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by antibasilisk 1192 days ago
You would be genuinely surprised at the number of people in charge of publicly listed companies, who have absolutely no idea about the existence of fractional reserve banking, or even the fact that money isn't backed by gold anymore.
1 comments

> even the fact that money isn't backed by gold anymore

Don’t you mean “or even the fact that money was ever backed by gold”? If you knew about gold backing at all, surely you’d know we left the gold standard last century.

That was the intended meaning of my sentence.