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A comment on Businesses are in for a mighty debt hangover. Parent comment

Re:Businesses are in for a mighty debt hangover by andy_ppp on Wednesday May 17, 2023 @07:28AM (#35973810)
Well I’m not sure, my guess would be not that much because fractional reserve banking. I’m not sure how the original money supply works without central banks though.
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Re:Businesses are in for a mighty debt hangover by HPsquared on Wednesday May 17, 2023 @08:16AM (#35974195)
Without central banks, private banks would basically have to issue their own promissory notes.
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