@felichsdakatze@mastodon.social
2026-07-24 13:08 UTC
@GeofCox@climatejustice.social
yes, your loan goes to zero, but the bank got their money. And arguably you got some asset too.
The money didn't dissappear. It was created through the lending.
Replies (1)
-
@GeofCox@climatejustice.social 2026-07-24 16:15
@felichsdakatze@mastodon.social And destroyed on repayment.