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   mk (mk@mastodon.satoshishop.de)'s status on Saturday, 01-Mar-2025 02:43:05 JST mk

   in reply to

   @smug @djsumdog @icare4america

   "But they won't."

   yes they do. the picture proofs it.

   ---

   what you don't undestand is:

   in a fractional-reserve fiatmoney-world

   - taking credit
   - handing out "loan guarantees"
   - selling government bonds

   IS equal to printing money.

   "banks create the moneysupply[..]79% of 'bank deposits'[..]created out of nothing[..]banks create the money supply by inventing these claims on themselves. these fictitious deposits"
   https://mastodon.satoshishop.de/@mk/110979837928836433