Sublime
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While central banks are overseen by directors chosen by those elected to government, and central banks can increase the money supply through open market operations (where central banks provide liquidity directly to private banks in their currency like during the 2008 recession and more recently with COVID-19), the vast majority of money is created
... See moreJoshua Dávila • Blockchain Radicals: How Capitalism Ruined Crypto and How to Fix It
Literally, everybody who comes in contact with me makes more money because I make more money. The economy really does work just like eating fruit off of a tree. If you eat it and then you plant it, more grows. If I make more money and spend some of that money, everybody that I spend money with makes more money.
Myron Golden • From The Trash Man To The Cash Man
the ascent of money has been essential to the ascent of man. Far from being the work of mere leeches intent on sucking the life’s blood out of indebted families or gambling with the savings of widows and orphans, financial innovation has been an indispensable factor in man’s advance from wretched subsistence to the giddy heights of material prosper
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