Unpacking the Ponzi Scheme of Modern Currency #shorts

Simon Dixon has spent his career building alternatives to the financial system. He says the modern currency system is not broken. It is working exactly as designed. 🌐

📉 THE MECHANICS — Every dollar in existence was created as debt. Borrowed into being by governments and banks. The interest on that debt requires more money to be created to repay it. Which requires more debt. The system must expand perpetually or collapse. That is not a feature. Dixon argues it is the definition of a Ponzi scheme.

⚡ THE EVIDENCE — $39 trillion in US debt. Interest payments exceeding the defence budget. Central banks printing to fund deficits. Each generation inherits a larger obligation than the last.

⚠️ THE QUESTION — When the system requires infinite growth on a finite planet something eventually breaks.

The currency is not the economy.

It is a claim on the economy that is running out of credibility.

Full interview on the WTFinance podcast 🎙️

#Finance #Bitcoin #Macro #WTFinance #Dollar

Видео Unpacking the Ponzi Scheme of Modern Currency #shorts канала WTFinance