rich1.0frphank wrotefrphank (npub1g7…u8yd9)https://yabu.me/npub1g7lqk25fl24xd0zh7hr8jgp5smdy2eszjh9nmv7z7w85h6xcs9hq4u8yd9njumphttps://yabu.meFractional 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