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A comment on Britain being forced to go cashless 'against its will'. Parent comment
Banks don't need to borrow money, they just create it:
* https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1905625
* https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/m...
If you still think about banks re-loaning bank deposits you're living in another century. Fractional reserve banking hasn't been a thing since (at least) the 1960s.
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Banks don't need to borrow money, they just create it:
* https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1905625
* https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/m...
If you still think about banks re-loaning bank deposits you're living in another century. Fractional reserve banking hasn't been a thing since (at least) the 1960s.