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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 r
by antibasilisk 4y 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.
- jsjohnst 4y ago> 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.
- antibasilisk 4y agoThat was the intended meaning of my sentence.