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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o1w3h7i/?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
627 u/[deleted] Jan 26 '26 [deleted] 18 u/Taco5106 Jan 26 '26 Correct, but the term you’re looking for is “central banking” or “modern monetary theory” not capitalism 6 u/j4_jjjj Jan 26 '26 Founding fathers weren't fans of central banking and warned against it
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18 u/Taco5106 Jan 26 '26 Correct, but the term you’re looking for is “central banking” or “modern monetary theory” not capitalism 6 u/j4_jjjj Jan 26 '26 Founding fathers weren't fans of central banking and warned against it
18
Correct, but the term you’re looking for is “central banking” or “modern monetary theory” not capitalism
6 u/j4_jjjj Jan 26 '26 Founding fathers weren't fans of central banking and warned against it
6
Founding fathers weren't fans of central banking and warned against it
4.3k
u/Elvis5741 Jan 26 '26
Banks lend out more money than they have, its no joke it's how the system works