Finance information bomb / Infobombe Hochfinanz

in Deep Dives2 months ago (edited)

Big Finance:

A private monopoly creates money (central banks) and lends it to states for interest.

However, these new debts can never be paid back, because the debts created are always more than the money just created, thanks to the interest.

debt = new money + interest >= new money

Balance is the magic word

Besides that, real debt is just real with a redemption plan... but this is missing..



Die Hochfinanz:

Ein privates Monopol erschafft Geld (Zentralbanken) und verleiht dieses für einen Zins an Staaten.

Diese neuen Schulden können jedoch nie zurück gezahlt werden, da die erschaffenen Schulden dank des Zinses immer mehr als das gerade erschaffene Geld sind.

Schuld = neues Geld + Zinsen >= neues Geld

Bilanz ist das Zauberwort

Davon abgesehen sind echte Schulden lediglich echt mit einem Tilgungsplan.. hier fehlt dieser Tilgungsplan jedoch

photo_20200505_173832.jpg

Sort:  

This is not difficult to grasp. I am amazed that most people do not understand it.

Thanks!

cuz they just want to believe MMT modern money tale.. that we can print money forever, always more..

I don't even wanna hear it anymore

Congratulations @woelfchen! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You made more than 900 comments. Your next target is to reach 1000 comments.

You can view your badges on your board And compare to others on the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @hivebuzz:

Feedback from the last Hive Power Up Day

I'd like to think a currency system can be used to secure the resources of an economy, but that usage is very limited worldwide.