what's a really far-fetched conspiracy that you find believable?
Discussion
I am a figment of my own imagination.
Fractional banking is fraudulent.
what does fractional banking mean
nostr:npub1t3ggcd843pnwcu6p4tcsesd02t5jx2aelpvusypu5hk0925nhauqjjl5g4 just saw this. I should have been more clear and stated āfractional reserve bankingā. That said, here is a definition from Investopedia:
āWhat Is Fractional Reserve Banking?
Fractional reserve banking is a system in which only a fraction of bank deposits are required to be available for withdrawal. Banks only need to keep a specific amount of cash on hand and can create loans from the money you deposit. Fractional reserves work to expand the economy by freeing capital for lending. Today, most economies' financial systems use fractional reserve banking.ā
The key point being that banks āpromiseā depositors (creditors) they can withdraw āon demandā, but then only keep a fraction available lending it out to others for a period of time (locking it up in time).
The conspiracy: This is actually a fraudulent practice as the bankers are effectively stealing the depositors time. The market will self correct through ābank runsā but then the State often bails these out.
So, is it actually a fraudulent practice and should be outlawed?
āFraudulent practiceā
āItās not a āreserve,ā and itās not āfederal.ā Although the Fed is a creature of the government, itās not, technically speaking, part of it. Itās really controlled by the large banks, who benefit primarily through āfractional reserveā banking. In the past, when banks were just ordinary businesses that warehoused money and acted as brokers for loans made with savings, keeping a fractional reserve was a fraudulent practice that would eventually result in bankruptcy, followed by criminal charges. The creation of central banks, like the Fed, facilitated it as common practice; in effect, debt became a form of money.ā
Excerpt From
Right on the Money
Doug Casey
This material may be protected by copyright.
I dunno if itās considered a conspiracy, but I like the idea of the nine worlds (realms) in Norse mythology. The Poetic and Prose Edda are on my TBR pile šš½
The world really needs a Stephen Fry re-telling of the Edda, like what the Hellenic myths received in Mythos and Heroes.
Eshara, you're in his city, please make this happen :p
Mythos, Heroes and Troy are on my TBR pile ā¤ļøāš„š was gonna read Theogony and Works and Days first, but Iām gonna start with Fry I think. So excited to read them. Stephen Fry is such a legend š„ I will do my best š«”š«š
Meta CEO = Reptilian
Morphic resonance
That Disney made the movie frozen because when you google āDisney frozenā you donāt get result about Waltās frozen head
Bitcoin is the future of money
There's no way dinosaurs could have supported their body weight in current gravity.
Just look at an elephant, it can barely manage. Dinosaurs were 10x the mass, and elephant sized ones were supposed to be agile hunters.
The basic problem is that mass scales as a cube while strength scales with the cross section area of muscles, ie a square.
Not just dinosaurs either, plants and insects were far more massive.
Most plausible explanation I've heard is that the earth has expanded since - picking up mass from space and increasing gravity. This would also explain a bunch of unanswered questions in geology.
Jesus rose from the dead.