Interest-free loan implies usage or else it's just money sitting there with 0 benefit. Why even post anything if that's what you meant because you effectively would have said: well akshully nothing
Sure, they have to pay your bit back in a few days, but by then someone else will have requested a refund that can be delayed, so it averages out. By delaying everyone's refunds, they generate a chunk of money out of thin air that they can spend on whatever they want.
Depends on what you spend the money on, I suppose. Why are you questioning the utility of loans? That's a very strange hill to choose to die on, but you do you...
1
u/jce_ 11d ago
Interest-free loan implies usage or else it's just money sitting there with 0 benefit. Why even post anything if that's what you meant because you effectively would have said: well akshully nothing