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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://mastodon.satoshishop.de/users/mk/statuses/114082747727370160">mk (mk@mastodon.satoshishop.de)'s status on Saturday, 01-Mar-2025 02:43:05 JST</a><a href="https://mastodon.satoshishop.de/@mk" title="mk@mastodon.satoshishop.de"><img src="https://gnusocial.jp/avatar/78235-48-20221221014052.webp" width="48" height="48" alt="mk" style="position: absolute; left: 0; top: 0;">mk</a><div><a href="https://gnusocial.jp/notice/9101555" rel="in-reply-to">in reply to</a><ul><li><li><a href="https://gnusocial.jp/user/6549" title="icare4america@freeatlantis.com">Icare4America</a></li><li><a href="https://gnusocial.jp/user/87682" title="smug@smuganimeavatar.xyz">smug</a></li></ul></div></section><article><p><a href="https://smuganimeavatar.xyz/users/smug">@smug</a> <a href="https://djsumdog.com/users/djsumdog">@djsumdog</a> <a href="https://freeatlantis.com/@icare4america">@icare4america</a> </p><p>"But they won't."</p><p>yes they do. the picture proofs it.</p><p>---</p><p>what you don't undestand is:</p><p>in a fractional-reserve fiatmoney-world </p><p>- taking credit<br>- handing out "loan guarantees"<br>- selling government bonds</p><p>IS equal to printing money.</p><p>"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"<br><a href="https://mastodon.satoshishop.de/@mk/110979837928836433" rel="nofollow noreferrer">https://mastodon.satoshishop.de/@mk/110979837928836433</a></p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/4648430#notice-9101556">In conversation</a><time datetime="2025-03-01T02:43:05+09:00" title="Saturday, 01-Mar-2025 02:43:05 JST">about a month ago</time> <span>from <span><a href="https://mastodon.satoshishop.de/@mk/114082747727370160" rel="external" title="Sent from mastodon.satoshishop.de via ActivityPub">mastodon.satoshishop.de</a></span></span><a href="https://mastodon.satoshishop.de/@mk/114082747727370160">permalink</a><h4>Attachments</h4><ol><li><article><header><div>No result found on File_thumbnail lookup.</div><h5><a href="https://mastodon.satoshishop.de/@mk/110979837928836433">mk (@mk@mastodon.satoshishop.de)</a></h5><div> from <span>mk</span></div></header><div>march 2017
richard werner00:16:23 "if you give your money to a bank[..]this money is simply a loan to the bank[..]banks borrow from the public[..]deposit is simply a banks record of its debt to the public[..]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://peertube.satoshishop.de/w/tRwM17m4uD6TmSyr8Jg23T?start=16m22s</div><footer></footer></article></li><li><label><a rel="external" href="https://gnusocial.jp/attachment/4218164">Untitled attachment</a></label><br><a href="https://mastodon.satoshishop.de/system/media_attachments/files/114/082/728/197/099/399/original/248f4b11d31b7c3a.png" rel="external">https://mastodon.satoshishop.de/system/media_attachments/files/114/082/728/197/099/399/original/248f4b11d31b7c3a.png</a></li></ol></footer></blockquote>

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mk (mk@mastodon.satoshishop.de)'s status on Saturday, 01-Mar-2025 02:43:05 JSTmk
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
In conversationabout a month ago from mastodon.satoshishop.depermalink
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  mk (@mk@mastodon.satoshishop.de)
  from mk
  march 2017 richard werner 00:16:23 "if you give your money to a bank[..]this money is simply a loan to the bank[..]banks borrow from the public[..]deposit is simply a banks record of its debt to the public[..]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://peertube.satoshishop.de/w/tRwM17m4uD6TmSyr8Jg23T?start=16m22s
2. Untitled attachment
  https://mastodon.satoshishop.de/system/media_attachments/files/114/082/728/197/099/399/original/248f4b11d31b7c3a.png

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