this post was submitted on 22 Mar 2024
880 points (92.2% liked)
memes
10206 readers
2440 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to [email protected]
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads
No advertisements or spam. This is an instance rule and the only way to live.
Sister communities
- [email protected] : Star Trek memes, chat and shitposts
- [email protected] : Lemmy Shitposts, anything and everything goes.
- [email protected] : Linux themed memes
- [email protected] : for those who love comic stories.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Very short, commercial banks loan money from national banks. That creates money. It has to be paid with interested. Where does the money for that interest comes from? From other loans. So the whole thing becomes an ever increasing pile of loans.
And government loans from national banks to spend money, so creating and distributing money. If government pays back the loans, money disappears.
And because the whole thing is loans on loans, if population would decrease (what is starting to happen) and growth stops, loans decrease and the whole thing starts to wobble.