Kretchino on Nostr: When a bank lends out it's clients savings to a business that's going to pay back the ...
When a bank lends out it's clients savings to a business that's going to pay back the loan with interest, it is not running a fractional reserve ponzi.
It just means that the clients will have to wait some time to have access to their savings. In exchange they get paid interest on their deposits.
Published at
2024-08-16 11:43:42Event JSON
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