http://en.wikipedia.org/wiki/Fractional-reserve_banking ad many videos on youtube say
money based on debt is a Ponzi scheme that requires perpetual inflation to last?
It has been likened to a game of muscial chairs.
Can someone please enlighten me?
http://en.wikipedia.org/wiki/Fractional-reserve_banking ad many videos on youtube say
money based on debt is a Ponzi scheme that requires perpetual inflation to last?
It has been likened to a game of muscial chairs.
Can someone please enlighten me?