eigenrobot Retweeted nic cubeter ( 🧊, 🧊)
incidentally the Federal Reserve Banks are strictly speaking regulated private entities hehhttps://twitter.com/nic__carter/status/1348296995908280320 …
eigenrobot added,
nic cubeter ( 🧊, 🧊)Verified account @nic__carter
so to sum up:
- banks: not private companies. controlled by the state and regulated by FDIC
- payment processors: not private companies, beholden to banks (controlled by the state)
- disfavored industries: private, but their right to exist was withdrawn by the state
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8:38 AM - 12 Jan 2021
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