I´m taking a free class with you in here. These "banana republics" through the printing money method are creating just paper, right, cause the circulation of those currencies are only local, or sometimes are dependants of another like USD
hmmm when you say it like this there's a lot of info we can take from google and search up and do threadstorms like this. is that your plan or you just did it for this bank one only
I heard from an American that China create money from thin air, do u believe so?
Ignore what people about money, they are clueless.
China operates under the same system as the US, fractional reserve banking. That means commercial banks expand the supply of Yuan through loans.
So every country does the same
About 80% operate under fractional reserve banking. Some smaller countries do not.
Euro, USD, JPY, GBP, Yuan..all under the same system.
Interesting to study those smaller countries do not
They tend to have the banana republic feel and they are the ones who create hyperinflation because their central bank can print money.
When money is created through loans, hard to expand the money supply without economic output.
I´m taking a free class with you in here. These "banana republics" through the printing money method are creating just paper, right, cause the circulation of those currencies are only local, or sometimes are dependants of another like USD
The PBOC can do the same as the Fed in creating reserves but those are not broad economy money.
Now a case could be made about the PBOC doing the will of the CCP. That I can believe since the line is almost non existent with Xi.
yeah it´s highly possible that they follow the CCP will
I dont see anyone saying "no" to Xi. It is not beneficial for one's life expectancy.
hahah sad but true.
I think Jack Ma found out what happens when you get too big for your britches.
hmmm and just like this you got 50 threads almost O.O. More than I get in one day I think in one threadstorm. Truly a legend
Yes. But I did it not for the number of threads but the information.
Hive is a decentralized database. It is good to get data up there.
We can do it for any topic through threads.
How about capitals in one's country. Thats an easy one
hmmm when you say it like this there's a lot of info we can take from google and search up and do threadstorms like this. is that your plan or you just did it for this bank one only
Well some were doing it during the contest. They were looking for numbers. As for me, yes I will do it but it is important others do also.
Get info on Leothreads. It helps with the search engines.
I see. you took a great initiative then let's see who follows suit. Anyways time to listen to the talk
lol one bank is 5x the size of the crypto market. Welp!
when are we opening our own bank tasky?
Yes. It is crazy how much money is out there. But that is the potential of crypto.
That is why I keep writing about the topics I do. It is where we need to build out. Create the financial services and pull away from the banks.
7/ Bank of America $3.16T