1 sat \ 0 replies \ @stack_harder OP 11h \ parent \ on: How much financial education did you get growing up? bitcoin
of course now, when you get a loan in the bank, they literally create the money out of thin air for that loan, it's not even coming from deposits.
would be funny to see someone explain fractional reserves to a bunch of ten year olds tho
fractional reserves happened in the past though, it was just called the bank lying about how many deposits it had on hand