4 ms·
No it's not - banks are statistical multiplexers. They don't take money and lend it out. They create money, lend that, and then remove that money as the capita
by neffy 7y ago
No it's not - banks are statistical multiplexers.
They don't take money and lend it out. They create money, lend that, and then remove that money as the capital (loan amount) is repaid - or when the loan goes into default.