Oddbean new post about | logout
▲ ▼
deeznuts | 4 months ago (raw) | root | parent | reply | flag 
 Wow, whose income stream is that interest going to?

Also, where does the “money” come from to pay off the principal *and* the interest?
▲ ▼
TheGrinder | 4 months ago (raw) | root | parent | reply | flag 
 I guess more treasury bonds but who knows. Maybe they can mint a couple more of them 1 trillion dollar, 1oz platinum coins. An ounce only cost them like $1300.
▲ ▼
deeznuts | 4 months ago (raw) | root | parent | reply | flag +1 
 That’s the neat part; all money is loaned into existence with interest 

The interest can never be paid off

An truly amazing scam