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Rent is Robbery
(lemmy.ml)
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this post was submitted on 23 Dec 2023
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Paying a bank hundreds of thousands of dollars in interest is also robbery. what did the bank do? Were rich and did paperwork. Wow so irreplaceable and valuable. Think of all the poor people they swindled to get there! Amazing ๐
The bank isnt even that rich... They are allowed to just dream up the money from nothing and lend it to you.
And if you miss a payment, they get to reposses a real asset.
This is the biggest scam in history. The bank lends you imaginary money, and then reposesses a real asset
They dream up money? How does that work? I'd like to do that.
You should read about how banks work. Most of their "assets" don't actually exist, they're counting borrowed money as still being theirs.
Source?
Any basic book on banking. When I say basic, I mean the sort you'd read to get an entry level job at one.
Here's a push in the right direction for the cripplingly lazy.
Landlord stans havent read Smith after a 200 year head start, what makes you think they will read anything?
This is less for the benefit of the willfully stupid than it is for bystanders that would be taken in by the unchallenged ignorance.
Well put.