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Saifedean Ammous & Stephan Livera | Swan Signal | EP 105

Swan Signal Live - A Bitcoin Show

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The Consequences of Frustrational Reserve Banking

A lot of people don't know the system that they are in, right? That's just a fundamental reality. And it certainly only exists because the Fed is a cartel with a monopoly on banking and currency,. which effectively, effectively taxes for reserve banks to subsidize fractional reserve banking scams. But yeah, we're not hearing much about the new disruptors in this industry. It's quite clearly an oligopolic structure and it's getting more and more centralized.

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