It can’t be completely circular. There is an end customer that will expect something for their money eventually. Right now it’s driven by huge amounts of debt, but you can’t be on that forever. At some point it unwinds
It seems that end point is government bailing out banks using taxes, and people are paying more for the same due to inflation, while their salaries do not catch up with the cost of living.
It can’t be completely circular. There is an end customer that will expect something for their money eventually. Right now it’s driven by huge amounts of debt, but you can’t be on that forever. At some point it unwinds
It seems that end point is government bailing out banks using taxes, and people are paying more for the same due to inflation, while their salaries do not catch up with the cost of living.
This seemingly happens in US right now.
Yeah, all this is illegal not because it’s an infinite money glitch, but because it acts like it is while destabilizing the economy