A man deposits $10,000 in a bank.
The bank thanks him and records the deposit on its balance sheet. But not where you might expect. For the bank, that $10,000 is actually a liability – because technically it belongs to the customer and might have to be returned.
So the bank does what banks do. It lends $9,000 of that money to someone buying a car.
Now something interesting happens. The $9,000 loan appears on the bank’s books as an asset – because someone now owes the bank money.
So the same $10,000 is doing two jobs at once. The depositor believes he has $10,000 safely in the bank. The borrower now has $9,000 to spend.
That $9,000 gets deposited somewhere else. The next bank lends $8,100. That gets deposited again. Then $7,290 gets lent out.
Soon the original $10,000 has quietly turned into tens of thousands of dollars of loans scattered across the economy.
Everyone believes they have money. Depositors see balances in their accounts. Borrowers have the money they spent. Banks show healthy assets on their balance sheets because people owe them money.
And here’s the best part.
Banks charge interest on all those loans – maybe 7%. But the depositor who supplied the original money might earn only 0.5% on their savings account.
So banks collect interest on money that mostly wasn’t theirs to begin with – and keep the difference.
The system works beautifully.
As long as nobody asks for the money back at the same time.
Trump just declared, "glyphosate-based herbicides are a cornerstone of this Nation’s agricultural productivity and rural economy." And he's declaring glyphosate weedkiller to be a federally-protected critical resources.
This is insanity. He is now pushing the mass poisoning of American food crops and groceries with cancer-causing deadly weedkiller chemicals that will be sprayed all over the food crops.
Trump just declared chemical warfare on the American people. It's all here in black and white:
https://t.co/eFPZPxa8nD
We pulled this from Truth Social ourselves and marked it up ourselves.
@POTUS -- Mr. President, the performance of the stock market does not acquit the despicable acts documented in the Epstein files. Americans want accountability. This is a massive blow to our confidence in this administration.
Bitcoin fundamentally doesn't need what software needs.
It doesn’t need:
- Margins
- Earnings
- Buybacks
- Capex
- Refinancing
Software needs that. Companies need that. The hardest neutral money in human history does not.
The market sized Bitcoin up wrong. We're early 🙂
This is f#cking comical. And Platinum is down $500/oz too. In a single day?? Did the US debt suddenly vanish? This system is an absolute f#cking joke run by racketeering criminal banks.
This is the “innocent, harmless, peaceful, kind” nurse the Democrats were crying about
The entire left-wing narrative just came crashing down.
Democrats don’t want you to see or share this