Varven@lemmy.world to Memes@lemmy.ml · 7 months agothe debtlemmy.worldimagemessage-square35fedilinkarrow-up1634arrow-down149
arrow-up1585arrow-down1imagethe debtlemmy.worldVarven@lemmy.world to Memes@lemmy.ml · 7 months agomessage-square35fedilink
minus-squareconfusedbytheBasics@lemmy.worldlinkfedilinkEnglisharrow-up7·7 months agoNot literally. I bet the poster notices the overlap between ponzi and fractional reserve lending and doesn’t care about the differences
minus-squareconfusedbytheBasics@lemmy.worldlinkfedilinkEnglisharrow-up4·7 months agoLota of differences but the key is: A ponzi scheme pays returns out of future investment. Fractional reserve lending pays returns from interest collected on investments.
Not literally. I bet the poster notices the overlap between ponzi and fractional reserve lending and doesn’t care about the differences
Which is?
Lota of differences but the key is: A ponzi scheme pays returns out of future investment. Fractional reserve lending pays returns from interest collected on investments.