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Joined 2 years ago
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Cake day: June 13th, 2023

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  • To your last point: money being created != Wealth/value creation; it’s more like wealth redistribution (if you create a thousand bucks out of thin air, in an economy of a trillion it’s small potatoes - but it does add up fast and affects everyone).

    There absolutely is value in banking, but it’s not nearly enough as much as advertised.