Basic economics I believe, something I never studied any of till about a few years ago.
So if you were to start say a restaurant, or any other business, does it take business away from other restaurants. I believe it centers around whether you take out a bank loan to pay for it and if so due to fractional banking the money supply actually increases?
Otherwise it's surely a case of limited money in with the customers and they choose who to spend it with?
Anybody know how it works?
So if you were to start say a restaurant, or any other business, does it take business away from other restaurants. I believe it centers around whether you take out a bank loan to pay for it and if so due to fractional banking the money supply actually increases?
Otherwise it's surely a case of limited money in with the customers and they choose who to spend it with?
Anybody know how it works?