Printing Money to Bailout Banks #eth #bitcoin #cryptocurrency #crypto #investing
Don't be fooled by fake words: "Quantitative easing" "Swap lines"
Those just mean "printing money to bail out banks."
Don't be fooled by new Acronyms: BTFP or QE.
Those just mean "printing money to bail out banks."
Don't be fooled by "new regulations" meant to prevent "printing money to bailout banks"
250 years ago, the government made it legal for banks to not have to keep your money in the bank. "Fractional Reserve banking"
250 years ago, the government created central banks so that when the banks go bankrupt,
the central bank can "print money to bail out the banks".
This system has lasted for 250 years because we didn't have a better way.
But now we do.
Keep your eye on Bitcoin and Ethereum.
Видео Printing Money to Bailout Banks #eth #bitcoin #cryptocurrency #crypto #investing канала Dave Levine Dot Com
Those just mean "printing money to bail out banks."
Don't be fooled by new Acronyms: BTFP or QE.
Those just mean "printing money to bail out banks."
Don't be fooled by "new regulations" meant to prevent "printing money to bailout banks"
250 years ago, the government made it legal for banks to not have to keep your money in the bank. "Fractional Reserve banking"
250 years ago, the government created central banks so that when the banks go bankrupt,
the central bank can "print money to bail out the banks".
This system has lasted for 250 years because we didn't have a better way.
But now we do.
Keep your eye on Bitcoin and Ethereum.
Видео Printing Money to Bailout Banks #eth #bitcoin #cryptocurrency #crypto #investing канала Dave Levine Dot Com
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