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58 sats \ 3 replies \ @02bcd3eeb0 11 Jul \ parent \ on: Japan intervenes in the currency market econ
That would not be short term pain, it would collapse their entire banking system
These apocalyptic scenarios are used to justify misguided government interventions.
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That's just the nature of a fractional reserve banking system.
The bankers, at all times, have a gun to the head of the public to shake us down for more money.
If we refuse, they pull the trigger and the deflation of all the fiat debt burns away everything, including everyone's bank deposits.
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how much propaganda, disinformation and poor education is needed to subject mass populations to this system is actually astonishing. the dimmer the population, the easier it is, of course, but the amount of energy required to dumb down a society in this way is enormous
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