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Replying to Avatar CODED SHADOWS

Banks are all insolvent. (By design)

The central bank is insolvent. (By design)

Massive (enormous, basically impossible) Government loan bailouts would be needed to make the system solvent. (By design)...

... which would practically require a huge amount of printed money. (By design).

The Emperor truly has no clothes.

😵‍💫

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superkruger 1y ago

Fiat is backed by labour, by design.

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