> banking system printed every dollar out of thin air and is charging interest on every single one (giving a cut to government)
This is also nonsense, though less so.
Money is created by private banks through lending. The government gets a cut, but that comes through taxation. Money creation is complicated, but it seems like every year someone watches a YouTube video about inflation and deduces, with zero further thought, that it must be a conspiracy.
This is also nonsense, though less so.
Money is created by private banks through lending. The government gets a cut, but that comes through taxation. Money creation is complicated, but it seems like every year someone watches a YouTube video about inflation and deduces, with zero further thought, that it must be a conspiracy.