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Russell Shurts's avatar

Absolutely superb book explaining just how much I didn't know about how money works. I have already put several of your investment suggestions to work, so my future self thanks you for protecting my assets from the governmental machinations ahead!

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Dave Burton's avatar

Hello Jim. I have read Black Hole, including all the appendices, and I would say you have convinced me. Well, at least mostly. What still bothers me is that banks have always really seemed mighty eager to get depositors. Also, they encourage depositors to increase their deposits. I just don't understand why they seem to care so much, since they don't need depositors to make loans. If you addressed this in Black Hole, I must have missed it. (But honest!, I thought I read it carefully.) In any case, can you help me understand why that is?

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