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> at the end of the day they felt to me like an accomplice. Precisely, it’s a racket. The financial institutions take other people’s money, create more out of
by nyokodo 5y ago
> at the end of the day they felt to me like an accomplice.
Precisely, it’s a racket. The financial institutions take other people’s money, create more out of thin air to lend to other people while not checking very much whether they are who they claim they are so they can maximize their interest income, and offload most of the risk onto the government and strangers.