Thread by @CadgerGreg

So the fed creates reserves for the banks who then lend out these reserves which were created from nothing to banks. Banks lend it to you the average Joe and charge you interest. Banks lend like crazy because the interest is their drug & like every addict they get reckless.

Their addiction causes them to create more loans, putting the country awash with fabricated dollars & crushing the purchasing power of the same average Joe who is busting his hump making a living. When it collapses every decade or so good ole Uncle Sam bails out these reckless

white collar crooks using taxpayer dollars while not requiring the banks to pay for their mess out of their profits. Uncle Sam does this under the guise of capitalism by using socialism, creating even more money, crushing the purchasing power of average Joe even more by flooding

the system with currency that has zero work product behind it. Americans should wise up & stop protesting, looting, etc. If you wanted to make real change just stop paying your debt. The defaulted debt would vaporize that excess cash and reestablish some equilibrium. Print money

citizens default. Now that would be a real middle finger to the man. A pipe dream I know but sure would be more productive then trying to light a courthouse on fire or running of with a pair of Air Jordans. #fintwit #endthefed #FederalReserve