Fractional reserve banking doesn't create money. Not sure where this absurdity came from. Banks create promises, that's fine everyone creates promise, I can promise you I'll help you with moving house next weekend for sure. Sometimes I don't keep my promises and sometimes bank don't keep theirs.
https://en.m.wikipedia.org/wiki/Collapse_of_Silicon_Valley_Bank
frphank
npub1g7…u8yd9
2024-09-15 17:17:17 UTC
in reply to nevent1q…slym
Author Public Key
npub1g7lqk25fl24xd0zh7hr8jgp5smdy2eszjh9nmv7z7w85h6xcs9hq4u8yd9Published at
2024-09-15 17:17:17 UTCEvent JSON
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