Re:I froze the salaries of my executive team to benefit othe...
by neffy on Thursday May 16, 2019 @07:08AM
(#19927844)
No it's not - banks are statistical multiplexers.
They don't take money and lend it out. They create money, lend that, and then remove that money as the capital (loan amount) is repaid - or when the loan goes into default.
They don't take money and lend it out. They create money, lend that, and then remove that money as the capital (loan amount) is repaid - or when the loan goes into default.