@maplemacro.bsky.social
Reposted
It amazes me how emotionally challenged or even revolted people can be by a fairly straightforward description of how monetary systems work.
It reminds me of the old J.K. Galbraith quote about bank money creation: “The process by which banks create money is so simple that the mind is repelled.”
It reminds me of the old J.K. Galbraith quote about bank money creation: “The process by which banks create money is so simple that the mind is repelled.”
November 20, 2024 at 12:54 AM
It amazes me how emotionally challenged or even revolted people can be by a fairly straightforward description of how monetary systems work.
It reminds me of the old J.K. Galbraith quote about bank money creation: “The process by which banks create money is so simple that the mind is repelled.”
It reminds me of the old J.K. Galbraith quote about bank money creation: “The process by which banks create money is so simple that the mind is repelled.”