“Why do these silly #Bitcoin maximalists keep saying the gov/Fed prints money??”

Translation: “we print bank reserves.” It’s unfortunate that in 2022, with limitless info at our fingertips via internet, people still don’t know the difference between bank reserves and legal tender. Even worse they think printing bank reserves add liquidity.

🤣 No better source than from the guys behind the curtain. 🎯

@GeorgeGammon I listened to your interview with @saylor yesterday, good one! Regarding “government printing money”, Bitcoiners understand it is indirect printing! They also understand that the increase in money supply is essentially unfairly stolen from savers! Hence #BTC is hope

Why doesn’t anyone ever mention that commercial banks create money out of thin air too? Your credit card, mortgage, car loan etc were created from nothing. NOTHING!

Please broaden your horizon in the war against fiat. Bitcoin is not the only tool, and is no longer the most likely path to victory.

the fact that he thinks there is no end to their ability to do that is scary.

There is a difference between central banks financial money creation and real economic money that people don't understand. learn.