Finance information bomb / Infobombe Hochfinanz
(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
0
0
0.000
Congratulations @woelfchen! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
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:
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
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.