3 ms·
See and respond to my other post. It seems reasonable to assume that most of the money that was lent to us via the BOND/Treasury ultimately came from fiat money
by SubiculumCode 5y ago
See and respond to my other post. It seems reasonable to assume that most of the money that was lent to us via the BOND/Treasury ultimately came from fiat money creation via the banks through the fractional reserve system.