this post was submitted on 06 Jun 2026
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[–] mochisuki@lemmy.world 23 points 19 hours ago (3 children)

Gary’s Economics has as usual many great videos about this

https://youtu.be/BJcpgg6-hNA

It sucks because this ridiculous setup distorts everything about the economy and benefits no one except banks and the rich

[–] Diplomjodler3@lemmy.world 5 points 15 hours ago

Gee, I wonder how that came about.

[–] Asafum@lemmy.world 10 points 19 hours ago

and benefits no one except banks and the rich

Ah, so you mean a typical Tuesday on earth. :/

[–] Imgonnatrythis@sh.itjust.works 3 points 19 hours ago

On the bright side, banks and the rich finally having their day in the sun!