Varven@lemmy.world to Memes@lemmy.ml · 1 year agothe debtlemmy.worldimagemessage-square155fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1imagethe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 1 year agomessage-square155fedilink
minus-squareѕєχυαℓ ρσℓутσρє@lemmy.sdf.orglinkfedilinkarrow-up0·1 year agoBank is legal because… reasons…
minus-squareconfusedbytheBasics@lemmy.worldlinkfedilinkEnglisharrow-up0·1 year agoLota of differences but the key is: A ponzi scheme pays returns out of future investment. Fractional reserve lending pays returns from interest collected on investments.
Which is?
Bank is legal because… reasons…
Lota of differences but the key is: A ponzi scheme pays returns out of future investment. Fractional reserve lending pays returns from interest collected on investments.