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>> in a bank, they lend it out to someone https://www.investopedia.com/articles/investing/022416/why-banks-dont-need-your-money-make-loans.asp#:~:text=How%20Do
by CraigJPerry 2y ago
>> in a bank, they lend it out to someone
https://www.investopedia.com/articles/investing/022416/why-banks-dont-need-your-money-make-loans.asp#:~:text=How%20Do%20Banks%20Create%20Loans,is%20how%20they%20create%20credit https://www.investopedia.com/articles/investing/022416/why-b....
>> Debt = Savings
That’s only true for public debt, excess spending (that which is not deleted through taxation) by the government shows up in savings