Depending on the interest rate, lended money wery well can be a gift to the borrower. Imagine a company that borrows $1M vs a company that borrwos $1B and both

Depending on the interest rate, lended money wery well can be a gift to the borrower. Imagine a company that borrows $1M vs a company that borrwos $1B and both pay an interest of 0%. The company that borrowed $1B has 1000x more firepower to build a big business. While the downside is the same for both companies: They could go bancrupt and pay back nothing. Combine that with the fact that a big enough borrower will be "too big to fail" and will always be able to borrow more money to pay back the last round. In that case, the lended money is a gift independent of the interest rate.