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60 sats \ 0 replies \ @0xbitcoiner 6 Jun
after that whole mess back in the day, no one trusts this bank anymore. It’s way too big to let it crash. Banks are like, the backbone of the economy, but at the same time, they can totally wreck everything.
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36 sats \ 0 replies \ @Solomonsatoshi 6 Jun
Fiat banking is usury and inevitably corrupts all economies it infects.
To grant the power to create via fractional reserve and allocate capital to private for profit banks under a fiat monetary framework is to undermine the fundamental functioning of free market capital flows and thus to undermine capitalism itself.
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0 sats \ 0 replies \ @kurszusz 8 Jun
Since Switzerland is not part of the European Union (only the monetary union), they are not subject to certain rules and cannot be manipulated by the EU. So I think it is likely that they will carry out this plan.
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