The mathematical flaw of the fiat system

When a commercial bank issues a loan, they create the principal out of thin air.

But they never create the interest required to pay it back.

This means the system inherently demands an ever-expanding mountain of new debt just to keep from collapsing.

Inflation isn't a bug. It's a mandatory feature of a debt-based economy.

submitted by /u/birth_of_bitcoin to r/btc
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Quelle: bitcoin-en