@GabrielDuquette Yeah. I have trouble deciphering this stuff because 'credit' and 'debit' in the correct/accounting senses are unintuitive.
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Replying to @St_Rev
@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?1 reply 0 retweets 0 likes
@GabrielDuquette People talk about the Fed running printing presses but banks turn money into loans into more money, that's more important.
11:47 AM - 18 Oct 2014
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.