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A Boring Dystopia@lemmy.world · 2 months ago

Borrowing money against their stuff to get more stuff to borrow money...

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Borrowing money against their stuff to get more stuff to borrow money...

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A Boring Dystopia@lemmy.world · 2 months ago

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smeenz@lemmy.nz
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2 months ago
Because a small rate on a large loan is still a lot of income to the bank
- ThirdConsul@lemmy.zip
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  And of course because banks can create more money than they have.

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