Replies (16)

Cameron Vaské 1 week ago

👀 View quoted note →

1 replies ↓

Connie Connie@primal.net 1 week ago

Money Multiplier Effect

deeznuts deeznuts@crypto.im 1 week ago

Absolutely disgusting

𝕞ptf mypathtofire@iris.to 1 week ago

scammy AF

npub1ah3a...l76e 1 week ago

Sound exactly like a shitcoins

Sourcenode

From ths Norwegian Central Bank website 🪄🧙‍♂️💫 Great catch by @Anders

How is money created?

Some money is created by the central bank, but most is created by banks and bank customers when they enter into loan agreements.

View quoted note →

Christian Lacdael c.lacdael@poetry.me.uk 1 week ago

💯 network effects and shit tests to keep people in line.

noobslayer69 user27992686@fountain.fm 1 week ago

Seem reasonable.

noobslayer69 user27992686@fountain.fm 1 week ago

Bookmarked, all right. Hahaha

Anders AndersL@primal.net 1 week ago

😆😆😂

jgbtc jgettbtc@jgett.com 1 week ago

Ahh, so it comes from a magic hat. Always wondered where it comes from.

uncleJim21 uncleJim21@nostrly.com 1 week ago

Thats actually on point. Central banks only directly create 3% of the money but their other policies affect how much the downstream banks loan.

1 replies ↓

npub19jdq...wsda 1 week ago

Well, at least one government is honest about printing money

S!ayer @s!ayer 1 week ago

This has always been the case? Banks create money when then issue loans. It's the public's insatiable appetite for debt that creates fake money. This is like first semester economics? I'm shocked you people are this uneducated on systems that already exists and that you participate in.

S!ayer @s!ayer 1 week ago

Central banks don't create it. Banks do when they issue debt. Dude it's 2026, 2008 already happened. How are you this clueless

sey ᓭᑫᐧᐢᑎᑳᐧᐣ 852096ed@iris.to 1 week ago

Gold!

curt finch 1 week ago

Created also by deficit government spending