. . .

I mean, it makes sense, but then again…?

In short, the bank is already and at all times bankrupt; but its bankruptcy is only revealed when customers get suspicious and precipitate “bank runs.” No other business experiences a phenomenon like a “run.” No other business can be plunged into bankruptcy overnight simply because its customers decide to repossess their own property. No other business creates fictitious new money, which will evaporate when truly gauged.
…only one way to find out 😉
From the free PDF, What has government done to our money? by Murray Rothbard.

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Finding your very first motorcycle can be just as exhilarating as getting on it and going for that first ride. While you might be so excited about getting your dream bike that you’re not too worried about the details, it’s important to be pragmatic as well when thinking about your dream motorcycle. There are many […]

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