its_a_mit@infosec.pub to Showerthoughts@lemmy.world · 1 year agoCapitalism is nothing but a giant pyramid scheme.message-squaremessage-square73fedilinkarrow-up127arrow-down16
arrow-up121arrow-down1message-squareCapitalism is nothing but a giant pyramid scheme.its_a_mit@infosec.pub to Showerthoughts@lemmy.world · 1 year agomessage-square73fedilink
minus-squarexzqtlmn@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down1·1 year agoTo be more specific, fractional-reserve banking system creates this giant pyramid scheme, not capitalism per se.
minus-square46_and_2@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoPlease explain, how exactly is fractional-reserve banking a pyramid scheme?
minus-squarehalfelfhalfreindeer@lemmy.worldlinkfedilinkarrow-up2·1 year agoThat’s a valid point, though I still wouldn’t call it a pyramid scheme.
To be more specific, fractional-reserve banking system creates this giant pyramid scheme, not capitalism per se.
Please explain, how exactly is fractional-reserve banking a pyramid scheme?
That’s a valid point, though I still wouldn’t call it a pyramid scheme.