3 ms·
> While money can’t be created or destroyed (unless you run a central bank…) That's not the case. Money, of course, is just a promise to provide something of s
by randomdata 2y ago
> While money can’t be created or destroyed (unless you run a central bank…)
That's not the case. Money, of course, is just a promise to provide something of some defined value at some point in the future. Anyone can make such promises. Heck, that's why we invented accounting – to keep track of the promises outstanding and delivered!