3 ms·
You're probably correct. That's a problem.
by chitowneats 4y ago
You're probably correct. That's a problem.
- friendzis 4y agoWhether that is a problem is a rather semantic issue. This is *property* of our credit based capitalistic system. Remove this and you are back at medieval levels of inequality, one way or another.
- 7speter 4y agoPart of the reason why the fed was established was because there was a run on a significant number of banks roughly every 12 years between the founding of the US and the establishment of the fed. Not correcting you, just supplementing what you said (it at least seems plausible without looking up the claim)