The Value of First Layer Money in a Fractional Reserve System

I think that the a bigger game of chess going on has a lot less to do with ukraine and a lot more to do with getting themselves off of a system where they're literally trading valuable commodities forward to value in currency. I think there's very good argument to say that that is one of the primary reasons this is happening. And so i think all o these headlines ofre helping, but i honestly think the case has been really good for a long time, and i don't think it's like substantially better now.

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