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This. If the only way for more money (credit) to come into existence is debt, then someone will have to keep taking debt. For past debts to be paid off, more de
by nine_zeros 3y ago
This. If the only way for more money (credit) to come into existence is debt, then someone will have to keep taking debt. For past debts to be paid off, more debt needs to be created.
How exactly is this a stable system? Who the fuck thought this would last?
- DirkH 3y agoI mean, it will last long enough for the generation who started it to get rich off of it? Right?