5min chapter

Disruptors cover image

David Icke: Conspiracy Theorist Reveals Who Controls The World [Business, mindset, entrepreneur, disruptors]

Disruptors

CHAPTER

Is There Not Enough Money in Circulation to Pay Back All the Interest on the Debt?

When you go to a bank and you get a loan, you will borrow 100,000 pounds in theory. And they will put it into your account - but you're not paying back 100,000pound plus interest. The interest is never created only the principle, even in this theoretical way. In a downturn that there's not enough money in circulation to pay back all the interest and all the principle on the debt. People couldn't service their debt. They couldn't pay back their bills. It becomes painfully obvious in a recession. This is a massive, massive foundation reason why we talk today about the 1% when you have literally a handful of people who have equivalent wealth to the poorest half

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode