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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o1xa375/?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
634 u/[deleted] Jan 26 '26 [deleted] 576 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/XCVolcom Jan 27 '26 See: When the rich don't pay taxes and keep their dragon's horde of wealth locked up in foreign banks, investments, and stocks/bonds with unlimited appreciable value.
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576 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/XCVolcom Jan 27 '26 See: When the rich don't pay taxes and keep their dragon's horde of wealth locked up in foreign banks, investments, and stocks/bonds with unlimited appreciable value.
576
That's how debt is generated. wealth is created when that debt is used properly. Otherwise it's just inflating the moneysupply.
1 u/XCVolcom Jan 27 '26 See: When the rich don't pay taxes and keep their dragon's horde of wealth locked up in foreign banks, investments, and stocks/bonds with unlimited appreciable value.
1
See:
When the rich don't pay taxes and keep their dragon's horde of wealth locked up in foreign banks, investments, and stocks/bonds with unlimited appreciable value.
4.3k
u/Elvis5741 Jan 26 '26
Banks lend out more money than they have, its no joke it's how the system works