How the fuck is this legal?

How the fuck is this legal?

Attached: 375BA8EA-75CC-434A-8F59-303251B84A05.jpg (697x1776, 412.92K)

Because a certain tribe profits.

Because a certain tribe writes the laws.

>babbys first econ redpill
>he doesnt realize banks now need to keep ZERO deposits
oh sweaty

Reminder that they do this for crypto as well, CB does it 100%, remember when they blocked withdrawals of nucypher when it mooned on binance? and no one gives a shit.
They literally control the prices by buying and selling non existant coins/tokens etc...
If the jew can't control crypto then he would have made it illegal, the reason it's legal is because they're subverting it as well.

(((How))) indeed

Doesn’t that only apply to morons that keep their money in exchanges?

Because a certain tribe loves screwing everyone.

bullish for XRP

You can't transact on-chain without cryptographic proof of ownership. Even if they can control it somewhat using paper ownership and loans, they have no control over the hashrate of the actual network. They cannot stop it so what they're doing now is really just scamming boomers too lazy to make their own wallet and hold the actual asset. The double spend problem is a thing of the past, and people are catching on to the massive scam that is FRB.

It tells you what your money is on literally every bank note. Its not their fault you didnt read it.

Attached: one-dollar-9.jpg (2228x1001, 1.2M)

Why does the US still cling on to dollar bills? There has never been a 1 euro note even though the euro was introduced over 20 years ago and is worth more than a dollar. There are €1 and €2 coins. I can't imagine all the €1 coins I have being paper bills.

Because its cheaper to print.

US has $1 dollar coins, nobody uses them because it's way easier to carry a piece of paper in your wallet than a piece of metal.

Redpill implies a small minority of the population knows about said redpill which isn't true; pretty much all decent economists and enthusiasts know about fractional reserve

Because a certain tribe controls the government, media, and finance

>lying to your face is better than lying without you knowing

This

Also OP your pic isn't the bad part. Fractional reserve just lets everything move faster in the economy, the scary part is my pic

Attached: Screenshot_20220324-154202.png (1080x2400, 449.62K)

I believe the argument is that coins are cheaper in the long run since they last longer, though.

>modern money is just some 1s and 0s on a computer server

Attached: 1643411391851.png (206x273, 35.53K)

Maybe but then again, the EU does not inflate at the rate the US does. Last time they released a gold dollar people horded the shit out of them.