the bank of england LITERALLY published a research paper in 2014 describing how banks create deposits out of thin air when they loan money, and how central banks modulate this supply of credit (and therefore money) via interest rates...
and finance bros STILL don't believe it
Finance bros don't know what money is... Bitcoiners do
Fish in ocean. When water is everywhere no one questions it, same wjth wall st.
Also this: https://www.sciencedirect.com/science/article/pii/S1057521914001070
I'm beginning to think the vast majority of people simply don't care about truth. Too hard to look at how things really are
