reposting from pol hopefully you guys can explain it in technical terms

[Anonymous No.13316740]

If a bank loans you money but you pay interest as well.

How can everyone pay off debts if the money in circulation is less than the money owed?

How can we all pay off our debts considering we get our money from our jobs(which means others give it to you through their spending eg a hairdresser and their clients)?

[Anonymous No.13316749]

>>13316740
The economic model is BUILT ON DEBT, faggot.

[Anonymous No.13316752]

>posting from pol
Low iq detected

[Anonymous No.13316758]

>>13316752
WHAT DO I INVEST IN.
>>13316749
Isn't that bad though? Seems to be that way to benefit banksters only.

[Anonymous No.13316777]

>>13316758
>Isn't that bad though? Seems to be that way to benefit banksters only.

[Anonymous No.13316787]

>>13316777
Why you post sergey? Am I right?

[Anonymous No.13316931]

>>13316740
that's why every 10y or so there's going to be a crash so your asset gets foreclosed to pay the interest

tik tok tik tok

[Anonymous No.13317372]

They don't want you to pay off the debts they want to pay interest perpetually. That's how the fiat monetary system keeps going. So.... maybe now you buy Bitcoin yes ?

[Anonymous No.13317428]

>>13316740
It means more debt must be created all the time to pay off existing debt, leading to the need for constant economic growth to sustain all of that debt. And compound interest implies the need for exponential growth which is not realistic in the long term.

This is one of the key issues in the current monetary situation, central bank policies and systemic risks in the banking system. A related question is how many monetary decisions were made because they are truly the best solution to keep the system afloat for a bit long, and how many purely serve the interests of the rich and powerful.

Because a free market could cap that exponential debt growth simply by allowing defaults to happen. But defaults have gone out of fashion in "systemic" institutions to avoid risks, so they are bailed out instead.

You can call it a ponzi or scam or whatever, it probably won't function for much longer without new tricks such as doing away with cash and large scale expropriations, or allowing defaults to happen and getting a Greater Depression, or allowing a hyperinflation to happen. Realistically all of these could take place at different times before the system is reset entirely somehow.

[Anonymous No.13318180]

>>13316777
Trips of truth

[Anonymous No.13319149]

>>13317428
This. This is why they want open borders and mass immigration, they just want to keep moving people around, they do this and the immigrants coming in have close to nothing for credit history so it's easy for the banks to lend them money and make money of the loan and the fact that some of them will default so they can purchase their business, homes, and sell their debt to other lenders or ask the government/tax payers to bail them out. WHO are the bankers? Jews, jews who only take oath for Israel and money, they do not care about the natives, they do not care about immigration, to them it's good.

[Anonymous No.13319227]

>>13316740
The technical answer is productivity improvements. Owe 5% interest? Get 6% better at your job

[Anonymous No.13319533]

another problem is that the rich get even richer and they wont spend that money. where does this accumulated money come from? you guessed it, debt, if you liquidate the debt you also liquidate the wealth (in money)

[Anonymous No.13319558]

>>13316752
/pol/ is far more mentally stimulating and eloquent than the posts on this shit board

[Anonymous No.13319579]

>>13316740
Read up on Friedman and monetarism.
The quantity of money in circulation actually increases because the central banks create more money. They do this through buying up bonds with printed money, then re-selling the bonds at lower prices to the big banks (in effect they are distributing printed money to the big banks). These banks then invest this money.
This is actually a good system, because industry creates value. When you work a job, you add value to some product. If the non-monetary value in the world would increase but monetary supply remained the same, there would be deflation.
Deflation is extremely bad on the long term because it encourages people to hoard money rather than invest it, which would grind the economic system to a halt. This is what happened with the Great Depression in the thirties and why they abandoned the gold standard.

[Anonymous No.13319591]

>>13316740
They designed it that way to keep money constantly circulating and to make prices inflate over time.

[Anonymous No.13319600]

>>13319227
that's not how shit works. the answer is to find a job that pays 6% better