Quote:
Originally Posted by Jibartik
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I didnt ask what theory they use to wave their hands and make everyone go "oh ok that sounds legit"
I meant what assets did they literally swap for what assets and where are the recepts and why cant we add all this shit up and account for it?
"its high bank transfer mumbo jumbo" is the answer always.
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Treasury bills and uh bank reserves I think? The articles are seriously hard for me to read.
Hopefully the next generation can understand it. 🙏