We have to stop calling what fractional reserves banks do “lending”

They don’t lend something that already exists

They create new money out of thin air

What do they buy with it?

Slaves

Slaves who agree to buy back their freedom one day, plus interest

Laws around “consumer protection” in “lending” only serve to force these counterfeiters to buy more responsible slaves

Reply to this note

Please Login to reply.

Discussion

No replies yet.