Salokiam on Nostr: When a Bank gives a loan, it creates credit. So the money handed out to the customer ...
When a Bank gives a loan, it creates credit. So the money handed out to the customer is fresh printed money not someone elses deposit. Depending in the risk level the Bank has to deposit a fraction of the loan amount at the central bank (can be 0%). The Bank may loose this money if the load is not repayed.
Published at
2024-09-20 05:47:21Event JSON
{
"id": "2841786a84eb722d4f8b553c27ab917a62605e33139f9b30099ccc896cc2d45f",
"pubkey": "d4c825d75b8ea70ccfa4baf7cd9d8a979815972bc487fc156a51356771d180d8",
"created_at": 1726811241,
"kind": 1,
"tags": [
[
"e",
"e9ac4a7da79cabaeed8863c20b8f14e29ab10d8cf17c2dbae4ed89ed9e178d03"
],
[
"p",
"fcf70a45cfa817eaa813b9ba8a375d713d3169f4a27f3dcac3d49112df67d37e"
]
],
"content": "When a Bank gives a loan, it creates credit. So the money handed out to the customer is fresh printed money not someone elses deposit. Depending in the risk level the Bank has to deposit a fraction of the loan amount at the central bank (can be 0%). The Bank may loose this money if the load is not repayed.",
"sig": "5a88b267389553ac50b4c11b109a9fcc5bf28ede753da92a3eed8121d42674f9dfec80b9f2712d06983a063290f4c49821a6a687796dc7e2af05bdb29db807fe"
}