@HalifaxShadow Thoughts
It's both a key feature and its ultimate downfall (ie lack of tangible backing or force)
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Smart administration of our "fiat" banking systems is the main reason for the post WWII financial market and economic stability. Perhaps we need a cleansing purge... as painful as it would be? But among depositors / asset holders, such a purge would be pretty unpopular...
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A cleansing purge is desperately needed. Way too much ossification now
End of conversation
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