Banks are your enemies! They are in bed with the State to steal your wealth and create "money" out of thin air.
"Fractional reserve banking is inherently fraudulent." - Murray Rothbard
Banks, in collaboration with the state, manipulate the financial system to their advantage. Here are key reasons why you shouldn't trust them (if your money is in the bank, it's their money, not yours):
Banks operate on fractional reserves, meaning they hold only a fraction of your deposits while lending out the majority. This practice is deceptive and unstable, as they cannot meet withdrawal demands during a crisis (Great Crash '29).
By creating money out of thin air, banks contribute to inflation, which devalues your savings. Rothbard said, "Inflation is a scheme for the hidden confiscation of wealth."
The state supports these banks, providing bailouts during financial crises ("too big to fail"). This satanic alliance allows banks to privatize profits while socializing losses, putting taxpayers at risk.
The economic distortion caused by artificial credit expansion by banks leads to economic booms and busts, causing financial instability. Rothbard noted, "The business cycle is a direct result of the expansion of bank credit."
By mismanaging your money, banks infringe on your property rights. The lack of full disclosure and the inherent risks of fractional reserve banking violate the principle of voluntary agreements.
The safety nets provided by the state encourage reckless behavior among banks, knowing they will be rescued from failure (Financial crisis in 2008, that lead to the creation of Bitcoin 2009).
Protect your wealth and advocate for a free-market banking system where transparency, accountability, and individual property rights are paramount. Embrace the principles of anarcho-capitalism and reject the fraudulent practices perpetuated by the unholy alliance of banks and the state.
Fook the Government, and banks! BUY BITCOIN!
