We are entering the 3rd phase of capitalism

1. States printed money

2. Banks lent money that did not exist to their customers

3. Banks will start to issue their own reserve money (2025-2027)

So what's next?

4. Companies will issue their own reserve money (not stocks, but directly like dollars) (2027-2029)

5. Personalized reserve currencies will emerge (your credit score will now be your reserve currency) (2030-2034)

Banks that take the 3rd step will create incredible bubbles with the reserve money they generate from their own stocks, and when the time comes, those who invest in them will earn a lot. This is not investment advice, but I plan to buy shares of banks that issue reserve money with the profits I will earn from the bull season.