RE: The Horrors of ignorance can make The Horrors of Greed seem Trivial: The Unseen threat faced by the human civilization.
A loan from an EU-based bank with the amount of 100 Euro is indeed backed only by one Euro or in some cases even by zero Euros as not enough people are saving today their money because of nearly zero interest rates on savings. So where does such a loan really come from? If a bank lends out money backed by nearly nothing it takes this loan out of the pockets of all users of this currency (for example Euros) through inflation. You cannot loan out something out of nothing. This is the fairy tale of dumb mainstream economists which do not understand anything of the real economy. The central bank system was invented in 1694 to rob the people who do not understand how they are fleeced every second of their life. And this lead over the centuries to the picture above. The fiat money is sucking the wealth out of the working class and lead to mass starvation in Africa etc. The only way to end the central bank system is a new system based on true crypto currencies backed by the blockchain.
That's some real wisdom. Communism would simply destroy everything. But half-truths are like an incurable disease that doesn't kill the patient. You are dead accurate in your statement. You earned yourself a follower :-)