Economics Questionshttps://archive.freecapitalists.org:443/forums/5.aspxenCommunityServer 2008.5 SP2 (Build: 40407.4157)Is our financial system a Ponzi schemehttps://archive.freecapitalists.org:443/forums/thread/226318.aspxFri, 26 Jun 2009 10:22:02 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:226318inquisitiveteenager0https://archive.freecapitalists.org:443/forums/thread/226318.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=226318<p>&nbsp;</p> <p>http://en.wikipedia.org/wiki/Fractional-reserve_banking ad many videos on youtube say </p> <p>money based on debt is a Ponzi scheme that requires perpetual inflation to last?</p> <p>It has been likened to a game of muscial chairs.</p> <p>Can someone please enlighten me?</p> <p>&nbsp;</p><div style="clear:both;"></div>