These are public posts tagged with #Devaluing. You can interact with them if you have an account anywhere in the fediverse.
#Banks #Money #Power #Profit #Devaluing #People
Every hour you have money is in a bank it's going towards being re-loaned to someone else which #devalue your money everyone's in the money supply (because it's #diluting money as soon as they re-loan). The small interest 5% they _might)_ give is nothing compared to what they #loan out and get from #loans. (%'s = $$$$$%'s)
When bank loans the money you keep there and gives a loan out to someone else (for more than what you gives them like 5-10 times your account) then they cause everyone's
#value in accounts to drop.
This is the real power base (inequality) used by every country to undermine it's people.
Isn't it odd all these countries having same problems use the same #cheating #system?
towards love / better communication not devaluing money...
by #FreeSchool
Cryptocurrency is a global scam... or just best we got as choice away from banks and states monopolising / trapping / devaluing it's people (for it's own profit)?...
@gardiner_bryant Ok could be a tough topic but interesting...
I totally accept the energy usage side of things (in which normal money also has a bit of) and various other things but...
If I could unintentionally dig a bit to clarify...
do you believe nation-state and/or central bank is not cheating us / devaluing deliberately ("bail outs" and stealing public money to give to private industry, "Quantum Easing" etc) which equates to massive amounts of well public money legally given / stolen and down the... pockets of others already rich...
So purely on a trust level I'm not even sure / we never know what is backing nation-state or central bank kind of IOU and derivatives-of derivatives of derivatives-of derivatives... which ends up as very similar reselling the same thing many times over or making it another commodity like gift card (which I might take quicker than a bond if I had to stay alive one way or the other!)...
Anyway not making big thing, a lot is based on authority and whatever is accepted for payment, it could well be crypto for government of future too or salt - just whatever they say and whatever we are forced to use I guess!
Just for quick example - would it help you accept it if nation-state and central bank backed crypto? Then would you accept?
Finally "reputable governmental authority" made my brain blue screen a bit as a kind of paradox or opposites in those words together...
Do you trust those you don't know and never asked you mostly making laws for their own benefit almost always?
(just another example question which might be a 'quick' answer or long but anyway I'll assume there's always more to it if you didn't want to go in a bit more depth)
#Finance #Bank #Money #Monopoly #Devaluing #People
Private Sector Grants / GiveAways
#QE #Loans #Debt
vs.
#Crypto #XMR #Monero #Cryptocurrency #Bitcoin
And some fake stuff yes