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RE: Banks Are Crooks, Inventing Money as Loans to Profit on Interest Payments

in #banking6 years ago

I wrote about the horrid policy that is fractional reserve banking a couple of weeks ago:

https://steemit.com/finance/@jdh7190/the-true-definition-of-inflation-the-federal-reserve-system

It is crucial that we understand how this system works, and why cryptocurrency is a potential solution.

Another great article @krnel.

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