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jurgenburgenyesterday at 6:48 PM1 replyview on HN

It was replaced by other mechanisms. It’s not literally zero any kind of reserves.


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kennywinkeryesterday at 8:02 PM

I’m not worried about the lack of reserve, i’m worried about the money shell game where private companies can drive inflation or deflation whichever serves their profit margins best.

The 2008 global financial crisis was a result of this, so not a made up worry.

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