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> some finance goons' ponzi scheme If you mean banks, there’s the problem that “let it die” often translates to “shift the obligation”, which typically gets sh
by halfcat 2y ago
> some finance goons' ponzi scheme
If you mean banks, there’s the problem that “let it die” often translates to “shift the obligation”, which typically gets shifted to the tax payers, either in plain sight after a bailout, or under the table by devaluing the currency (basically taxation without having to say it).