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Sovcit is tanking with Amex, which can only end well. (lemmy.world)

submitted 6 months ago by [email protected] to c/[email protected]

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[–] [email protected] 23 points 6 months ago

That's their term for money. They believe money stopped being money and turned into coupons when we dropped the gold standard. Due to this, they believe they can just send out an IOU and have it treated like valid currency.

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