Henry Bremridge on Nostr: npub10kcan…mqjyy 2. If loans exceed capacity to service those loans then this leads ...
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2. If loans exceed capacity to service those loans then this leads to bankruptcy. If some companies do not go bust then they become "zombie", thus stopping (sometimes) better run companies growing
Should some people go bankrupt: YES. If lenders were silly and lent too much, their headache
So the ideal is some interest, limited inflation.
Theory is easy, reality is hard
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2. If loans exceed capacity to service those loans then this leads to bankruptcy. If some companies do not go bust then they become "zombie", thus stopping (sometimes) better run companies growing
Should some people go bankrupt: YES. If lenders were silly and lent too much, their headache
So the ideal is some interest, limited inflation.
Theory is easy, reality is hard
npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 (npub1g0t…tvm4) npub130sg74ud56n96jngfjedl0c3nmm2w66q4pyas004ec6s3kmmc55s0mrzve (npub130s…rzve)