You are viewing a single comment's thread from:

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

in #banking7 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.

Coin Marketplace

STEEM 0.28
TRX 0.24
JST 0.040
BTC 94188.92
ETH 3233.47
USDT 1.00
SBD 6.94