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21 sats \ 0 replies \ @At 7 May 2023
Thing is, in reality, aren't all fractionally reserved banks always insolvent all the time? It just takes people pulling their deposits for what was already true to be forced visible.
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33 sats \ 1 reply \ @jk_14 6 May 2023
https://i.etsystatic.com/33543608/r/il/648301/4056722257/il_1140xN.4056722257_dgbt.jpg
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0 sats \ 0 replies \ @jk_14 7 May 2023
#175038
to be continued... ;)
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0 sats \ 0 replies \ @Monotone 10 May 2023
How many times does history have to repeat itself, and people lose everything, in order to finally get out of this vicious circle?
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