this post was submitted on 07 Jun 2024
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the debt (lemmy.world)
submitted 5 months ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 1 points 5 months ago (2 children)

Which is?

[โ€“] [email protected] 14 points 5 months ago

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.