Comments by "" (@Marinealver) on "The Absurd Business of Banking" video.

  1. So banks run off of anti-matter. Debt is worth more than cash.
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  2. Thing is M0 aka cash money has little value right now. Say my rent is $2,000 a month, so I take twenty $100 bills and try to pay the landlord/manager with that. They will look at me and ask of I could put that into a check or money order. So how much was twenty $100 bills worth again? Well can't be $2,000 otherwise it would have been accepted as payment.
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  3. The federal reserve is a bank
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