Don’t trust, control your authority.

Home
Nostr
Ecash
Cashu

Home
Nostr
Ecash
Cashu

Tim Bouma

Nov 16, 2024, 12:46 PM

Don’t trust, control your authority.

This diagram of the Bank of Canada balance sheet shows what happened in early 2020. The greyish curve is banknotes (M0’ in circulation, a steady

BTW, the banks (not the central banks) hate the M0 layer (banknotes), because it forces them to hold dirty cash in their safes and convert

© 2024 Tim Bouma. All rights reserved.

Design with by @GodoFredoNinja. Powered by Npub.pro