@goddeketal posted:
π¨ THE BANKING SYSTEM IS A LEGALIZED PONZI SCHEME. LETβS BREAK IT DOWN.
A bank receives $1 in deposits.
Through fractional reserve lending, they can lend $10β$40 against it. Then they earn interest on money that never existed.
HEREβS WHAT THEY DONβT TEACH YOU:
1. This entire scam only works because the government forces everyone to accept the bankβs IOUs as βreal money.β Without legal-tender laws, nobody would touch this garbage.
2. Banks would collapse in a week if they didnβt have state-backed bailouts. A real free market punishes reckless lenders instead of rewarding them.
3. Every dollar created through loans steals purchasing power from people who actually saved their money.
4. Interest rates arenβt set by the market but manipulated by central planners who never face the consequences of their decisions.
5. The system requires MORE borrowers every year just to sustain itself, which is literally a mathematically guaranteed pyramid scheme.
Calling this system capitalism is like calling burglary βwealth redistribution.β
Source: https://x.com/goddeketal/status/1995476787732570531
Source: https://x.com/goddeketal/status/1995476787732570531
Source:
Source:
Source:
Source:
