Colin Lowe
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colinjlowe.bsky.social
Colin Lowe
@colinjlowe.bsky.social
Banks effectively create money through fractional reserve.

They're only required keep a fraction of deposits as reserves and can lend out the rest.
The money lent out is deposited back into the banking system, creating new deposits that can be loaned out again, this process repeats multiple times
January 21, 2025 at 10:14 PM
Since the beginning of crypto there's been doomsayers declaring the end of the crypto yet for over 10 years it's only got bigger and more accepted.
January 21, 2025 at 10:08 PM
Trying to be intentional, slowing down and noticing the little the things that are also beautiful.
January 11, 2025 at 5:54 AM
the second finger is my mums :-)
January 11, 2025 at 5:53 AM
See really tiny
November 23, 2024 at 6:42 PM