Replying to Avatar avalon

nostr:npub106dam65ww9ztdqj26xvh08dyuc7lj7nmkrtrujwsmyq2n6g3r33saq3m89 nostr:npub1mh5a6mhm4u78glqxhltq7uexv6kddphycthlguvn0ux8ch72tc8q6q233h It was effectively zero in 1999; by opening an investment firm with no distinction between a bank and an investment firm, you can sign your reserve over to another economic actor the immediate you receive it.

nostr:npub1wmxn3vqkzhd2a47gkt6hdjwp49cxzl3m0l67pzkrn9kllhrkhfhqfxv89s nostr:npub1mh5a6mhm4u78glqxhltq7uexv6kddphycthlguvn0ux8ch72tc8q6q233h i think until the recent change it's been around 5% to 1% but don't quote me on that.

at any rate with it being zero, that means the ability to create money is virtually infinite

Reply to this note

Please Login to reply.

Discussion

No replies yet.