@goddeketal posted:
🚨 THE BANKING SYSTEM IS A LEGALIZED PONZI SCHEME. LET’S BREAK IT DOWN.
A bank receives $1 in deposits.
Through fractional reserve lending, they can lend $10–$40 against it. Then they earn interest on money that never existed.
HERE’S WHAT THEY DON’T TEACH YOU:
1. This entire scam only works because the government forces everyone to accept the bank’s IOUs as “real money.” Without legal-tender laws, nobody would touch this garbage.
2. Banks would collapse in a week if they didn’t 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 aren’t 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 “wealth redistribution.”
Source: 
Source: X (formerly Twitter)
Dr. Simon Goddek (@goddeketal) on X
🚨 THE BANKING SYSTEM IS A LEGALIZED PONZI SCHEME. LET’S BREAK IT DOWN.
A bank receives $1 in deposits.
Through fractional reserve lending, t...