2 ms·
Bastiat warned centuries ago about the dangers of nominal money. If the companies borrow money and do nothing with it, they are not provoking scarcity of any k
by conanbatt 7y ago
Bastiat warned centuries ago about the dangers of nominal money.
If the companies borrow money and do nothing with it, they are not provoking scarcity of any kind, they are storing bits of a bank account still, doing nothing at all.