Post
Topic
Board Economics
Merits 3 from 1 user
Re: What's it like to live on crypto instead of Banks?
by
Reinsurer
on 29/01/2019, 15:10:53 UTC
⭐ Merited by The Pharmacist (3)
Approximately 97% of Western money is printed arbitrarily, as needed.

If the system crashes, it will drop a monster. If banks name the real volume of their debts in fiat currency, it can cause a whole avalanche of consequences. The elite will be safe, but the vast majority will remain in dire straits.