The term "banksters" gained popularity, especially during and after the 2008 financial crisis, when many people blamed big banks and financial institutions for reckless behavior that led to widespread economic hardship.
#banksters #TILstr
The term "banksters" gained popularity, especially during and after the 2008 financial crisis, when many people blamed big banks and financial institutions for reckless behavior that led to widespread economic hardship.
#banksters #TILstr
It is the fiat system that gives them the opportunity to be reckless. In school we are taught that Land, Labour, Capital and Entrepreneurship are the factors of production.
Capital defined as currency when it is actually energy, time and effort stored in a medium of exchange of value. We just assumed that fiat currency is good. It has proven to be corrupt and as such promotes recklessness.
So pure capital, sound money is what would solve so much. #Bitcoin is sound money, pure, incorruptible.