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Good job, you just found out fractional banking is a government sanctioned ponzi scheme.
by dpc59 10y ago
Good job, you just found out fractional banking is a government sanctioned ponzi scheme.
- idiot_stick 10y agoOnly in YouTube conspiracies. Banks aren't even reserve constrained, and haven't been for a long time. Are you limited in the amount of credit you can offer, outside of finding a willing counter party? No. This is the freedom of our financial market.