The Austrian #economist believed that the fractional reserve system relied on #deception and that banks created an artificial expansion of credit that could lead to economic booms followed by busts

Examiner finds #customer #deception, ‘very Ponzi-like’ use of funds at Celsius

Examiner finds #customer #deception, ‘very Ponzi-like’ use of funds at Celsius

Examiner finds #customer #deception, ‘very Ponzi-like’ use of funds at Celsius

Examiner finds #customer #deception, ‘very Ponzi-like’ use of funds at Celsius