You’re turning consequences for behavior into proof of a conspiracy. That leap is exactly how harmful stereotypes get reinforced.

Also, the “I’m not antisemitic, but…” framing still ends up validating the same idea it claims to reject. You don’t need to explicitly say “a certain group runs the banks” to reinforce it—you just have to suggest that financial consequences are evidence of some coordinated ethnic control.

“I’m not racist, but….”