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In a fractional reserve banking system there is never enough money to pay all the debts. And with a debt based currency, the money is the debt. It's impossible
by fleitz 16y ago
In a fractional reserve banking system there is never enough money to pay all the debts. And with a debt based currency, the money is the debt. It's impossible to pay back all the debt.
- eru 16y agoWhat do monetary fictions have to do with real things?