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Capitalism is nothing but a giant pyramid scheme.
  • No, fractional reserve banking demands endless growth because debts can't be paid off with interest since the extra money to pay the interest didn't initially exist. Therefore, banks have to lend out more money they don't have so the prior debts can be paid off but in the process they create more debt. But those following loans come with more interest which leads to the insatiable need for more growth in the economy by loaning more money.

  • Capitalism is nothing but a giant pyramid scheme.
  • Because it allows banks to lend out money they don't have and when the banks lobby hard enough to completely remove whats left of the gold standard, the sky's the limit for lending out money. Creating money out of thin air increases inflation. However, in a weird way it impoverishes the lower classes while inriching the elite class because the latter tends to better connected and therefor closer to the "monetary spigot". This allows the elite class to buy up everything(land, companies, lobby/bribe governments)from the top down like a game of pacman.

  • Tutanota vs Proton Mail
  • Tutanota encrypts the subject title while ProtonMail does not. I think it's because they use OpenPGP for compatibility with other email services, but it doesn't support that feature.

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  • Nonsense. If the population grows then that means there would be more demand for money, not less. If inflation goes up in this scenario, then that can only mean the money supply has increased. Theres nothing wrong with deflation.

  • Are there plans to add support for wiki pages?

    Title says it all. Unless I'm missing something, I don't see a way to do anything wiki related at the subs I've created.

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    capr @lemmy.world
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