Row 40947

Row ID: 40947 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 40947 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

FRB does not create money, but economy schools gives such impression, I don't know why, maybe bankers are intentionally hiding the truth by blurring the true definition of money

M2 is all the deposit records, majority of those records are the same money counted multiple times at different time/banks, thus can not be spent AT THE SAME TIME.

Based on general accounting rule, once a 100 dollar bill is loaned out, the corresponding deposit balance must be reduced by 100, just like when original depositor did a 100 dollar withdraw (Today the deposit balance does not change when the loan is issued, this is like a double spending, which is totally forbidden in bitcoin, you can see why bitcoin is more real)

Taking last year's several failed banks as example, when they are facing large scale withdraw, and most of their money already loaned out, the only way for them to survive is to borrow money from large banks, and those whales are not philanthropist, they will take the chance to buy out these small banks cheaply or let them die and grab all their customers

FieldValue
text FRB does not create money, but economy schools gives such impression, I don't know why, maybe bankers are intentionally hiding the truth by blurring the true definition of money M2 is all the deposit records, majority of those records are the same money counted multiple times at different time/banks, thus can not be spent AT THE SAME TIME. Based on general accounting rule, once a 100 dollar bill is loaned out, the corresponding deposit balance must be reduced by 100, just like when original d…
label r/bitcoin
dataType comment
communityName r/Bitcoin
datetime 2024-05-22
username_encoded Z0FBQUFBQm5Lak1NV29TZ3FXQXYydDlkdFpGYjdtRmM3cnVTN2xzV2Fuam9lbm5qVlFOWklNbGlaNjRrLXJkb1NidFFEeUp0VkNpU2xOa3dPUG04QmhaeTRKY3A4ZDVmb3c9PQ==
url_encoded Z0FBQUFBQm5Lak9jX2ZmNUtXVHRYVnROejZCMU5iX21uMWp5eGdTUzEzbHF3ZWp1M21EcE9oTEtNQU00QmVQN0N4dTYxNFptbGdzZ2hzNEVMb0F5QTJZMDF4ekhIRlFHNnVrMndnU2NXeTlPZXZFdENvUDdfLS1IeE5MN0VyOE14RGpmSzdCdHFva3FtUU5QampGUVdrMENlUktsZng3Z1Btb0RNRDllUGZvbzhMR25UT2hxQ21OTm1iOXFwZHNTWUxwZjNJYlN0V3Bx

Raw Record

{
  "text": "FRB does not create money, but economy schools gives such impression, I don't know why, maybe bankers are intentionally hiding the truth by blurring the true definition of money\n\nM2 is all the deposit records, majority of those records are the same money counted multiple times at different time/banks, thus can not be spent AT THE SAME TIME. \n\nBased on general accounting rule, once a 100 dollar bill is loaned out, the corresponding deposit balance must be reduced by 100, just like when original depositor did a 100 dollar withdraw (Today the deposit balance does not change when the loan is issued, this is like a double spending, which is totally forbidden in bitcoin, you can see why bitcoin is more real)\n\nTaking last year's several failed banks as example, when they are facing large scale withdraw, and most of their money already loaned out, the only way for them to survive is to borrow money from large banks, and those whales are not philanthropist, they will take the chance to buy out these small banks cheaply or let them die and grab all their customers",
  "label": "r/bitcoin",
  "dataType": "comment",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-22",
  "username_encoded": "Z0FBQUFBQm5Lak1NV29TZ3FXQXYydDlkdFpGYjdtRmM3cnVTN2xzV2Fuam9lbm5qVlFOWklNbGlaNjRrLXJkb1NidFFEeUp0VkNpU2xOa3dPUG04QmhaeTRKY3A4ZDVmb3c9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9jX2ZmNUtXVHRYVnROejZCMU5iX21uMWp5eGdTUzEzbHF3ZWp1M21EcE9oTEtNQU00QmVQN0N4dTYxNFptbGdzZ2hzNEVMb0F5QTJZMDF4ekhIRlFHNnVrMndnU2NXeTlPZXZFdENvUDdfLS1IeE5MN0VyOE14RGpmSzdCdHFva3FtUU5QampGUVdrMENlUktsZng3Z1Btb0RNRDllUGZvbzhMR25UT2hxQ21OTm1iOXFwZHNTWUxwZjNJYlN0V3Bx"
}
Explore Dataset Explore Row

Entry Information