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ilmscore | Prediction Details
"instead of fractional Reserve banking based on gold we now have a fractional Reserve banking system based on Fiat currencies"
By
Coin Bureau
|
May 1, 2024
|
Pending
0
0
From video
Our Financial System is Doomed – Here's Why
00:21:42 - 00:21:47
Interpreted Prediction
The current banking system operates on fractional reserves backed by fiat currencies, a shift from gold-backed systems.
Prediction Details
Topic
Fiat Fractional Reserve System
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