With hard money, everything that is loaned was perviously earned. No one can loan anything they don't have. Fractional reserve is easily recognized as fraud.
If you loan money into existence & pull more out than you put in, you are profiting from nothing but a trick of political privilege. It is a net drain from productive people to parasites no matter how many times money changes hands.
Jeff Swann
npub1aj…ftppj
2023-10-10 01:34:04
in reply to nevent1q…f47e
Author Public Key
npub1ajv7m32k0cpgzha32qszsh304qusjvwwmavus0ttktzldms4xzusuftppjPublished at
2023-10-10 01:34:04Event JSON
{
"id": "37a88e0877d611b4a7d295a46e7139b109f5ab592e0a98a35281b98182cdd72b",
"pubkey": "ec99edc5567e02815fb15020285e2fa8390931cedf59c83d6bb2c5f6ee1530b9",
"created_at": 1696894444,
"kind": 1,
"tags": [
[
"e",
"88ef18c0c91f266f41e4029d12b8cf3866e086f7c80da7775934922fc6f9eb53",
"",
"root"
],
[
"e",
"dd2f95df4cace9daba0c7e91da380ddeb0f5bcee6a95bae0f5ab3218f01c7555"
],
[
"e",
"32492d2afec0648e4dd5fee6a56f3b8bd19dbf9c942645f9c2197ccc81bcbef2",
"",
"reply"
],
[
"p",
"80a976b3743933769d40e011119333765d8cb008586d7cc22c42f27a4baad447"
],
[
"p",
"b12ae9dd8025d11855b22cef7f7d3557b9e67d380e058811ebf752f958d175d7"
],
[
"p",
"6b8f57e047f4029ca93591f5d561e4c2a247ff5931117d250eb1406ca328979a"
],
[
"p",
"ec99edc5567e02815fb15020285e2fa8390931cedf59c83d6bb2c5f6ee1530b9"
],
[
"p",
"05074e715cffb08c29bbef9ced8dd89032b95361823fe6463c9b00c8ac88aaf3"
]
],
"content": "With hard money, everything that is loaned was perviously earned. No one can loan anything they don't have. Fractional reserve is easily recognized as fraud.\n\nIf you loan money into existence \u0026 pull more out than you put in, you are profiting from nothing but a trick of political privilege. It is a net drain from productive people to parasites no matter how many times money changes hands.",
"sig": "d3914a24d002d7cefcfcb018ff7703543ecfbfefbccef98f1ded6489a3d0fe37789eacc17c33d16b78edc67cc2daaf86b4aec0c467a2251d9cf6caa7b6c859de"
}