When you realise that the money that is "loaned" is created out of thin air by the bank. The value of that money is stolen from everyone who has no net debt. The money required to pay the interest on the loan doesn't exist and must be brought into existence by yet more loans.
When you realise that the money that is "loaned" is created out of thin air by the bank. The value of that money is stolen from everyone who has no net debt. The money required to pay the interest on the loan doesn't exist and must be brought into existence by yet more loans.
(post is archived)