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QuesnayJr
on Sept 23, 2019
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Money as a System of Control (2017)
Cash is base money. The Fed lists it as a liability on its balance sheet.
littlestymaar
on Sept 23, 2019
[–]
And cash is a tiny fraction of the money supply. (There is not a single bank in the US that could withstand a bank run, there's just not enough bank notes in circulation).
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