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What explanation does the Zeitgeist movie give? Bank loans create money. Principal payments destroy money.
by jsprogrammer 11y ago
What explanation does the Zeitgeist movie give?
Bank loans create money. Principal payments destroy money.
- branchless 11y agoand the interest comes from where then? By creating more than we destroy, continuously. So long as there isn't a big change in demographics coming like say the boomers which was hardly a surprise...