ATI Episode 041 - The Scam of Modern Banking

CJ interrogated Chat GPT regarding modern banking and its role in debt, inflation, expansion of the currency supply, and the effects on us and our economy. It may be "legal" and accepted, but is it moral? Is it a scam? In this episode, find out what the A.I. had to say about it. The responses may surprise you. 00:00:00 - Begin episode.00:00:16 - Welcome00:00:40 - CJ introduces our topic.00:03:57 - CJ questions A.I. regarding loans.00:08:20 - Banks can create currency out of thin air.00:10:58 - Your signature creates the currency.00:11:25 - Are loans a scam?00:15:00 - Check out ATI Episodes 013, 014, and 015.00:15:30 - Cason lays down the awful truth.00:18:50 - Check out episode called 'CJ's Rant on Loans, Credit, and Currency.'00:20:00 - CJ corners A.I.00:21:22 - A.I. tells us why it "feels unfair or illogical."00:21:52 - "Why you still have to pay it back?"00:22:28 - How the bank makes profit.00:26:00 - 'Duck Tales" warned us of inflation.00:29:50 - A.I. verifies, "It's a strange, not-so-common-sense system."00:39:20 - Fractional Reserve Banking.00:43:07 - CJ asks A.I. in real-time about suing for non-payment.00:48:00 - Who exactly is behind the A.I.?00:51:00 - Closing thoughts.00:52:00 - Sign off.00:52:28 - Post credit clip.