Similar Posts

Subscribe
Notify of
8 Answers
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Velbert2
2 years ago

One Freud, the other suffering. In one, the money becomes more, in the other less.

If you could answer the title question with yes, I would be the first to give money. Masswise, if there were more money on my account later than the usual interest before.

sa652ma
2 years ago

Simply put, yes, banks award loans and thus creates additional money.

Haiyang
2 years ago

Correct. New money is generated by the banks lending. If loans are repaid, then it leaves the money circuit and is thus virtually destroyed.

Velbert2
2 years ago
Reply to  Haiyang

Destruction then creates money. Strange.

Haiyang
2 years ago
Reply to  Velbert2

Please read again.

Money is destroyed by credit repayment.

Redekunst
2 years ago

The debt of one is the fortune of the other

-Volker Pispers-

So yes.

archibaldesel
2 years ago

Yes, it’s called Giralgeldschöp

Silo123
2 years ago

Yeah, actually.