3 ms·

Ok, by expanding the money supply. Fascinating. Thanks.

• celticninja 7y ago
  This is why debt holders are usually not in a rush to have the debt paid off. If in doing so it devalues the debt so much that it isn't worth it. If you owe the bank $100,000 you have a problem, if you owe the bank $10,000,000 the bank has a problem.
  • foobarbecue 7y ago
    Ten million? Nah. Ten billion, sure.
    • gambiting 7y ago
      Depends on the size of the bank. I know someone who needed to borrow "just" a few million to purchase a warehouse and I think 3 local banks had to pool up the money to lend him and to spread out the risk. Sure for a giant corporate bank that's literally nothing but there are still small banks all over the country which have relatively little capital.
      • foobarbecue 7y ago
        Touché.