Row 55968

Row ID: 55968 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 55968 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I too was wondering why OP was mentioning fractional and not loans as the method of money creation.

You don’t mention where the banks get the money, though. Sure, they can journal in a deposit, but eventually the funds are spent and sent to a different ledger.

Functionally, I know banks are simply marketing plus underwriters. They then sell the note elsewhere, which could be the government in many cases.

FieldValue
text I too was wondering why OP was mentioning fractional and not loans as the method of money creation. You don’t mention where the banks get the money, though. Sure, they can journal in a deposit, but eventually the funds are spent and sent to a different ledger. Functionally, I know banks are simply marketing plus underwriters. They then sell the note elsewhere, which could be the government in many cases.
label r/bitcoin
dataType comment
communityName r/Bitcoin
datetime 2024-05-23
username_encoded Z0FBQUFBQm5Lak1XYTNEdWg3YW5LZG1rTlpSOHFXU1l4ZUl4YmxkVGtDV3BLTlVwd1JSV19qMFl3M2JqNUhnMGpCS3FSck9iNHJHazBLYmpaMmdCMUkzbGlUSW1UdVdNZ1E9PQ==
url_encoded Z0FBQUFBQm5Lak9sM2NIYzRjb3lsY1ZfRTVpTEZjdXdYdUdtclJMMDVIczVPdDlFbF9RUlVlX3VheWZrMWpkOHFfblpyLWRIQlJCREM2OFg2VXBWTUNBZHQ5VGJQRmlMb2lMRVVxOEtzM051TlpERU4zNS1jbWdKRHRNTHFkb0U3OXh2bmszTFRpazdaOHQwSnhTWlZtV2ZsRUZiaTFXSnJ2dEZlSURDZ2lkYUVpamVkZmhKb3BXTThMck94R2RxRUF2ZFpYanpzb0tCLUVvV3hnRWFvMkpnX3c1V2dDTTZyQT09

Raw Record

{
  "text": "I too was wondering why OP was mentioning fractional and not loans as the method of money creation. \n\nYou don’t mention where the banks get the money, though. Sure, they can journal in a deposit, but eventually the funds are spent and sent to a different ledger. \n\nFunctionally, I know banks are simply marketing plus underwriters. They then sell the note elsewhere, which could be the government in many cases.",
  "label": "r/bitcoin",
  "dataType": "comment",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-23",
  "username_encoded": "Z0FBQUFBQm5Lak1XYTNEdWg3YW5LZG1rTlpSOHFXU1l4ZUl4YmxkVGtDV3BLTlVwd1JSV19qMFl3M2JqNUhnMGpCS3FSck9iNHJHazBLYmpaMmdCMUkzbGlUSW1UdVdNZ1E9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9sM2NIYzRjb3lsY1ZfRTVpTEZjdXdYdUdtclJMMDVIczVPdDlFbF9RUlVlX3VheWZrMWpkOHFfblpyLWRIQlJCREM2OFg2VXBWTUNBZHQ5VGJQRmlMb2lMRVVxOEtzM051TlpERU4zNS1jbWdKRHRNTHFkb0U3OXh2bmszTFRpazdaOHQwSnhTWlZtV2ZsRUZiaTFXSnJ2dEZlSURDZ2lkYUVpamVkZmhKb3BXTThMck94R2RxRUF2ZFpYanpzb0tCLUVvV3hnRWFvMkpnX3c1V2dDTTZyQT09"
}

Entry Information