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36 sats \ 0 replies \ @Solomonsatoshi 6 Jun \ on: Swiss government proposes tough new capital rules in major blow to UBS econ
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.