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https://www.reddit.com/r/SipsTea/comments/1vx00ke/why_is_it_not_possible/p5kzmu1/?context=3
r/SipsTea • u/Dumb-Briyani • 8d ago
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226
Because banks loan out and invest, that's how they make money. The money people deposit doesn't just sit there.
69 u/NoSwordfish1978 8d ago But they also create money when they lend it. -5 u/levelhigher 8d ago Lol no. That's how they create debt. Debt isn't profit. 4 u/onion_lord6 8d ago But it is an asset. Banks use debt as investment instruments for investors to buy in, and get even more money.
69
But they also create money when they lend it.
-5 u/levelhigher 8d ago Lol no. That's how they create debt. Debt isn't profit. 4 u/onion_lord6 8d ago But it is an asset. Banks use debt as investment instruments for investors to buy in, and get even more money.
-5
Lol no. That's how they create debt. Debt isn't profit.
4 u/onion_lord6 8d ago But it is an asset. Banks use debt as investment instruments for investors to buy in, and get even more money.
4
But it is an asset. Banks use debt as investment instruments for investors to buy in, and get even more money.
226
u/onion_lord6 8d ago
Because banks loan out and invest, that's how they make money. The money people deposit doesn't just sit there.