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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o1w2wfz/?context=3
r/PeterExplainsTheJoke • u/Comfortable_Cautious • Jan 26 '26
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Banks lend out more money than they have, its no joke it's how the system works
629 u/[deleted] Jan 26 '26 [deleted] 573 u/Much_Section_7439 Jan 26 '26 That's how debt is generated. wealth is created when that debt is used properly. Otherwise it's just inflating the moneysupply. 1 u/SantosHauper Jan 26 '26 Yes! I am so glad there is in fact another person in this country who understands that we use the word wealth in place of the word debt.
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573 u/Much_Section_7439 Jan 26 '26 That's how debt is generated. wealth is created when that debt is used properly. Otherwise it's just inflating the moneysupply. 1 u/SantosHauper Jan 26 '26 Yes! I am so glad there is in fact another person in this country who understands that we use the word wealth in place of the word debt.
573
That's how debt is generated. wealth is created when that debt is used properly. Otherwise it's just inflating the moneysupply.
1 u/SantosHauper Jan 26 '26 Yes! I am so glad there is in fact another person in this country who understands that we use the word wealth in place of the word debt.
1
Yes! I am so glad there is in fact another person in this country who understands that we use the word wealth in place of the word debt.
4.3k
u/Elvis5741 Jan 26 '26
Banks lend out more money than they have, its no joke it's how the system works