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people like his employees who get a loan to pay for their new car.
by JCharante 7y ago
people like his employees who get a loan to pay for their new car.
- WalterBright 7y agoYes. Nobody borrows money and sits on the cash, they take loans to spend it. In fact, due to fractional reserve banking, a multiple of the amount put into a savings account is loaned out and spent!