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Illya Gerasymchuk
Entrepreneur / Engineer
User Illya Gerasymchuk -

2025-09-06 00:24

i wrote a thread explaining the business model of banks here: https://illya.sh/threads/@1755863018-1.html the information in it is important to understand the balance sheet dynamics of gold reevaluation

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in order to understand the mechanics of gold revaluation - it's important to understand the unique legal position of banks to issue broad money, and that their mode of operation differs greatly from non-credit issuance businesses

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