Fiat Debt Slaverydiverich (33)in #fractional • 7 years ago (edited)Central banks print money because the government of the day refuses to tax the rich. Commercial banks also print money through a process called fractional reserve banking where interest on the debt goes to the rich! #reserve #banking #fiat #slavery
Congratulations @diverich! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP