Money is crated each time a bank makes a loan.
Loan out money that becomes an asset. & that asset allows backing for another loan.. Sure each time it becomes backing for a little smaller loan for reserves.
Then let the Banks borrow money from the Fed almost free for reserves.
That's how they create a bubble. A tight little loop that those with the assets play with the Public debt to control the flow of money.
Money moves from compute to computer & pocket to pocket in almost a closed loop.
That is the best Ponzi game out there.
The Public may not pay much attention to the details but they are sure teed of with what is going on.
Floyd Brown wrote:
Money is crated each time a bank makes a loan.
Loan out money that becomes an asset. & that asset allows backing for another loan.. Sure each time it becomes backing for a little smaller loan for reserves.
Then let the Banks borrow money from the Fed almost free for reserves.
That's how they create a bubble. A tight little loop that those with the assets play with the Public debt to control the flow of money.
Money moves from compute to computer & pocket to pocket in almost a closed loop.
That is the best Ponzi game out there.
The Public may not pay much attention to the details but they are sure teed of with what is going on.
Money is crated each time a bank makes a loan. br... (
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Well said. Thank you for making it simple to understand.
I admire Larken Rose, but he took twenty minutes to say what you did.
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