Re:Strange Things That Have Been Happening in Financial Markets
by digi_owl on Sunday November 15, 2015 @03:41AM
(#10568958)
Earnings on savings are independent of debt repayments.
If you look at page 3 of the document, it talks about how repayments are basically an accounting alteration of the debtors deposit account.
Meaning that said account is reduced by the mount paid, but does not show up with a matching increase on any other account ledger (the banks own or any other).
Debt and savings are wholly uncoupled, no matter what mainstream economics likes to think.
If you look at page 3 of the document, it talks about how repayments are basically an accounting alteration of the debtors deposit account.
Meaning that said account is reduced by the mount paid, but does not show up with a matching increase on any other account ledger (the banks own or any other).
Debt and savings are wholly uncoupled, no matter what mainstream economics likes to think.