alt Hacker NewsLoans have happened long before 2008 and have continued ever since.
This process is described in the Bible for example!
Replies
surgical_fire • yesterday at 1:00 PM
I sort of would read bible passages describing modern financial instruments.
Perhaps it has some psalms discussing merits of MMT, or parables on Quantitative Easing.
What does the Bible say about collecting interest on loans (the necessary part for making mortgage backed securities)