Banks need Boundaries! Banken in die Schranken!

Banks need Boundaries!

Who or what is a bank? A bank is a corporation.

Most people still think that central banks wield control over the money supply.

However, the truth is, we let corporations decide ...
... when to create money,
... how much money to create,
... and what interest rate to charge.

This private monopoly is usually defended with the threat of hyperinflation, and the popular idea that "markets know best".

Maybe the present system is the lesser evil. The banks would certainly agree.

On the other hand, no one says free markets can't unfold within a public money system.

A neutral racetrack where the fastest car with the best driver still wins!

by Michael K for Banks need Boundaries!

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