Varven@lemmy.world to Memes@lemmy.ml · 5 months agothe debtlemmy.worldimagemessage-square154fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imagethe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 5 months agomessage-square154fedilink
minus-squareѕєχυαℓ ρσℓутσρє@lemmy.sdf.orglinkfedilinkarrow-up0·5 months agoBank is legal because… reasons…
minus-squareconfusedbytheBasics@lemmy.worldlinkfedilinkEnglisharrow-up0·5 months 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.