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RE: Central Banks, Part 1 by doitvoluntarily

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· @doitvoluntarily ·
$0.06
paying compounding debt on money created out of thin air 
sounds like a recipe for success
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@silversaver888 ·
$0.02
RE: RE: Central Banks, Part 1
The entire structure of this system can only produce one thing: <b>debt</b>. It doesn't take a lot of intelligence to figure it out. 
For every dollar produced by the central bank, it is loaned out at interest, so every $1 + "X" based in that $1 in immediate debt. 
Since the central bank has the monopoly of the production of money and they loan each dollar out with an immediate debt attached to it, where does the money to pay the debt come from? 
It can only come from the central bank again!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@silversaver888/re-doitvoluntarily-6dogcn)
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