Is the Banking System one giant Ponzi scheme? When money gets issued, it automatically creates debt. Money is no longer backed by gold or anything with intrinsic value, meaning most of us spend our entire lives trading our limited time and health to pay off debt just to survive. To get the money to pay off today, the system has to issue more debt for tomorrow, which means we’re in a cycle of perpetual debt. You are essentially paying off the people before you like a Ponzi scheme, except this is
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