governments don't need fractional reserve banking. They are the bank. They control the amount of currency in circ and the overall debt. As we have seen time and time again, if they cannot actually sell debt, they will inflate the currency, such as turkey just did. 75% currently. Nobody wanted to buy their bonds for a few years now.
The Liberty Farmer
npub1uwh…fqu7
2024-06-06 15:14:08
in reply to nevent1q…6atw
Author Public Key
npub1uwh0m2y8y5489nhr27xn8vkumy8flefm30kkx3l0tcn0wss34kaszyfqu7Published at
2024-06-06 15:14:08Event JSON
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