• @DogMuffins@discuss.tchncs.de
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    129 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.

    • 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.