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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://nicecrew.digital/objects/f656e11c-4bfb-48d8-8523-01ad21893f34">Paleface (paleface@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:59:21 JST</a><a href="https://nicecrew.digital/users/Paleface" title="paleface@nicecrew.digital"><img src="https://gnusocial.jp/avatar/257568-48-20240427204851.webp" width="48" height="48" alt="Paleface" style="position: absolute; left: 0; top: 0;">Paleface</a><div><a href="https://poa.st/objects/e849693e-fd31-42f2-92b8-9f24460023ac" rel="in-reply-to">in reply to</a><ul><li><li><a href="https://gnusocial.jp/user/3752" title="sickburnbro@poa.st">Bread up, Bro</a></li><li><a href="https://gnusocial.jp/user/4750" title="praxisofevil@poa.st">????</a></li><li><a href="https://gnusocial.jp/user/247230" title="dubbub@poa.st">dubbub :windmill_of_friendship: ☦️</a></li><li><a href="https://gnusocial.jp/user/249202" title="battledwarfgimli@nicecrew.digital">BattleDwarfGimli</a></li><li><a href="https://gnusocial.jp/user/251423" title="brigrammer@poa.st">brigrammer</a></li><li><a href="https://gnusocial.jp/user/266909" title="hertz@poa.st">Hertz</a></li></ul></div></section><article>No, the concept of banks is not predicated on compound interest, just like public infrastructure is not predicated on banks, just like loans are not restricted by savings deposits.</article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/3544879#notice-6970105">In conversation</a><time datetime="2024-08-22T04:59:21+09:00" title="Thursday, 22-Aug-2024 04:59:21 JST">about 7 months ago</time> <span>from <span><a href="https://nicecrew.digital/objects/f656e11c-4bfb-48d8-8523-01ad21893f34" rel="external" title="Sent from nicecrew.digital via ActivityPub">nicecrew.digital</a></span></span><a href="https://nicecrew.digital/objects/f656e11c-4bfb-48d8-8523-01ad21893f34">permalink</a></footer></blockquote>

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Paleface (paleface@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:59:21 JSTPaleface
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No, the concept of banks is not predicated on compound interest, just like public infrastructure is not predicated on banks, just like loans are not restricted by savings deposits.
In conversationabout 7 months ago from nicecrew.digitalpermalink

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