Not too proud to admit that I was thirty-nine years old before I learned that when a bank issues a loan, it created that money out of nothing. I thought they were lending money they had and just charging me interest.
I graduated high school, served in the military, and have a bachelor's degree.
I can't help but think that economic literacy is intentionally kept from folks.
Also, that discovery roughly coincides with my birth as a bitcoiner.
jerrud
npub1xs…8hmmk
2024-02-07 06:20:10 UTC
Author Public Key
npub1xsmvdul9cyz3822el3ld008mmueyz7yvlfghlzfx2r6g98lzy6jq68hmmkSeen on
wss://nos.lolPublished at
2024-02-07 06:20:10 UTCEvent JSON
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"content": "Not too proud to admit that I was thirty-nine years old before I learned that when a bank issues a loan, it created that money out of nothing. I thought they were lending money they had and just charging me interest. \nI graduated high school, served in the military, and have a bachelor's degree. \nI can't help but think that economic literacy is intentionally kept from folks. \nAlso, that discovery roughly coincides with my birth as a bitcoiner.",
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