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submitted 10 months ago by zephyreks@lemmy.ml to c/worldnews@lemmy.ml
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[-] DogMuffins@discuss.tchncs.de 12 points 10 months ago

To be fair, this isn't that far away from the economic theory underlying using interest rates to manage inflation - it's just phrased in a different way.

[-] SmoothIsFast@citizensgaming.com 5 points 10 months ago

That's the problem with fractional reserve banking it's making up money for those who lend theirs. It's about extracting value from those who work for those who accumulate. It's not a tbf, it's a this is also an issue in every area of our society.

[-] SuckMyWang@lemmy.world 1 points 10 months ago* (last edited 10 months ago)

Ok we can all clearly see there’s a problem, what action should we take to effectively solve it?

[-] bane_killgrind@lemmy.ml 4 points 10 months ago

There's the fight club method but good people generally avoid being terrorists...

this post was submitted on 06 Oct 2023
909 points (97.0% liked)

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