4 ms·
It is debt that does disappear if it is forgiven.
by hashmap 4y ago
It is debt that does disappear if it is forgiven.
- Ekaros 4y agoDebt is money...
- hashmap 4y agoThat disappears when forgiven, exactly.
- s1artibartfast 4y agoIf you loan me 10k, and then later forgive the loan, you are still 10k in the hole. I spent the 10k on goods and services, and you have 10k less that you can spend. Alternatively, can I borrow $10k from you?