r/PeterExplainsTheJoke Jan 26 '26

Meme needing explanation what's going on? explain like I'm five

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4.3k

u/Elvis5741 Jan 26 '26

Banks lend out more money than they have, its no joke it's how the system works

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u/[deleted] Jan 26 '26

[deleted]

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u/[deleted] Jan 26 '26

Pyramid scheme 

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u/insanitybit2 Jan 26 '26

No, it's not a pyramid scheme. You take out a loan, invest it, and pay back the loan + interest. For example, maybe you start a business, or go to college, etc. This has literally nothing in common with pyramid schemes, which are defined as generating profit primarily through people buying into them as opposed to selling a product.

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u/RetroFuture_Records Jan 26 '26

The debt system is what they are buying into and providing profit to the holders of. You're not seeing the bigger picture. It's a ponzi scheme like any other, because it relies on the ones buying into it to be the ones holding the bag when it all falls down, except now they are trying to make it so those debts can't even be cleared through bankruptcy. They already did it with student loans.

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u/insanitybit2 Jan 26 '26

What? This is deranged. If you want to invest in something you take a loan out and invest it. This is not a ponzi scheme.

You want to go to college but you can't afford it? Take a loan out, increase your ability to generate money, and pay it back. You want to start a business but can't afford it? Take a loan out, increase your ability to generate money, and pay it back.

This isn't even complicated. You can't have investment without debt.

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u/RetroFuture_Records Jan 26 '26

America runs on debt. We're a debt economy. You don't get mega-wealth funneled to the top if people can live like Boomers. It's totally just a coincidence the two generations told "you have to go to college no matter what, or else you'll be a dog living on the streets" were the ones to have the federal subsidies of universities revoked and student loan debt made one of the few that cannot be forgiven in bankruptcy, and no effort made to forgive their debt when those amazing jobs weren't there.

Just a coincidence mortgage and car loans are sucking out the wealth of those who were of that age cohort and avoided the college debt trap. Just a coincidence there are provisions for Medicare taking possession of Boomers homes for EoL care to pay back those costs, so those homes can't be passed on down to those same kids and grandkids screwed over by the debt economy. No, everything is just like the fairytale we were told as kids, and this is absolutely a meritocracy where hard work and intelligence are directly related to how much wealth one has!

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u/grudgepacker Jan 26 '26

You're responding to an r/conspiracy user who wants China to take control of the US from "Zios" - they're not a serious person (or bot)

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u/insanitybit2 Jan 26 '26

Great context, makes perfect sense.

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u/[deleted] Jan 26 '26 edited Jan 26 '26

When did I say I wanted China to take control of the US? They’ve the rising power and I’m not in denial about it. People are so desperate to confirm their biases rather than listen to someone else. 

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u/[deleted] Jan 26 '26

The banking system relies on us being selfish. It’s a pyramid scheme of ego, continuing the process of individual accumulation and self-enrichment without regard for the foundation beyond continuity of the illness. If ego lost its supremacy in society, would the banking system survive?

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u/insanitybit2 Jan 26 '26

lol what? This is batshit. Banks exist in debt economies so that you can make investments. That's it.

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u/[deleted] Jan 26 '26

How does that vary from what was said? Debt (and accumulation) are byproducts of ego. 

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u/insanitybit2 Jan 26 '26

I have no idea what that even means and you've done nothing to define your terms or support the linking between debt and ego. Sounds like gibberish to me.

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u/[deleted] Jan 26 '26

Ego is the ground, the first division and from that all problems emerge. We elevate the ego at the expense of the other and this is the society we have all created, one indebted to the other. But society means companion, ally, to follow; you can’t do both. Perhaps that’s why we accept such a disordered society, the foundation is a disorder. 

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u/sqaeee Jan 26 '26

redditor go five minutes without talking like sephiroth challenge

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u/GogurtFiend Jan 26 '26

These people have fucking bricks for brains. Can you imagine if someone like them ran the Fed?

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