@GabrielDuquette Not sure though. Money supply is largely controlled by the https://en.wikipedia.org/wiki/Capital_adequacy_ratio … and that should include credit cards?
@GabrielDuquette Yeah. I have trouble deciphering this stuff because 'credit' and 'debit' in the correct/accounting senses are unintuitive.
-
-
-
@GabrielDuquette People talk about the Fed running printing presses but banks turn money into loans into more money, that's more important.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.