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2026-09-10 15:00:01 UTC

BiblicalHonestMoney on Nostr: "The warehouse receipt circulated as money. If people trust the warehouse, they ...

"The warehouse receipt circulated as money. If people trust the warehouse, they accept a receipt for gold in payment."

— Gary North



📖 Ch. 8 - Fractional Reserve Banking

Learn more: www.garynorth.com