Archived In case you didn't know how banks; local, regional or federal, operate (imgoat.com)
submitted ago by ARsandOutdoors
Posted by: ARsandOutdoors
Posting time: 1.8 years ago on
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Archived on: 5/15/2019 10:00:00 AM
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Archived In case you didn't know how banks; local, regional or federal, operate (imgoat.com)
submitted ago by ARsandOutdoors
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[–] Rawrination 0 points 5 points 5 points (+5|-0) ago
Not so much a counter argument. Just a clarification that the diagram is outdated and optimistic in the extreme.
Modern money almost exclusively exists as data on someone's machine.
Our enemies LITERALLY have the infinite money cheat codes to life. The only thing stopping them from just printing it endlessly all at once is the desire to still be able to acquire real goods and services for that currency before it becomes worth less than toilet-paper.