Dave Volek
Feb 8, 2024

--

I didn't think of this angle. Suddenly moving $1b out of bank destabilizes the balance of the $10b to $20b in loans that deposit backs.

Your other points of consfiscating Russian assets will upset future big depositers.

I've just read an article from James Rozoff. He talks about how we are so hooked on money. This article is making similar points, in a more subtle way.

--

--

Dave Volek
Dave Volek

Written by Dave Volek

Dave Volek is the inventor of “Tiered Democratic Governance”. Let’s get rid of all political parties! Visit http://www.tiereddemocraticgovernance.org/tdg.php

No responses yet