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2025-03-16 08:00:19 UTC
in reply to

mk on Nostr: in a fractional-reserve fiatmoney-monetary-system money is beeing created by taking ...

in a fractional-reserve fiatmoney-monetary-system money is beeing created by taking credit (banks can lend more money than they have)
https://mastodon.satoshishop.de/@mk/110406764563029844

new money -> inflation -> destruction of savings

inflation kills your savings even if you never took a credit.

jews can just take a zero interst loan, buy gold (or houses, businesses) and watch the inflation reduce their debt while their investment maintains purchasing power.

banking crisis? goi's money saves you.