> In other words could an economy started from scratch function with a fully bac...

		blibble on March 11, 2023 \| parent \| context \| favorite \| on: 30% of YC companies exposed through SVB can’t make... > In other words could an economy started from scratch function with a fully backed reserve system? not in a world where other economies exist you'd be out-competed and completely bought up by economies operating under fractional reserve