No retail banks create money while they grant a loan - it’s called book money creation https://www.geld-und-geldpolitik.de/en/banks-and-book-money-chapter-3.html#nav-vier If you wanna get rich, start a bank
No retail banks create money while they grant a loan - it’s called book money creation https://www.geld-und-geldpolitik.de/en/banks-and-book-money-chapter-3.html#nav-vier If you wanna get rich, start a bank
High tax on humans, low tax on companies and property
Because it doesn’t matter the company. A bank creates money if you apply for credit. It just have to have a fraction - say 3% - real money to store at a central bank account. Then they literally type the numbers on your account. Money created!
So, for a bank, it doesn’t matter if you apply for 5.10.20 years. They get the interests anyway. May be there is some weird financial acrobatic behind the 5 years target. However, here in Germany it’s pretty common to get a 20 years credit.
Good luck to them. Very brave to put their business critical decisions into the AI basket. FDA isn’t known for being humorous.
You know this personally or did you just read an article? My wife works in a pharmaceutical company. And if I learned one thing by her stories: there will always be some person responsible for decisions! I doubt the radiologist lost her/ his job. I mean who’s going to jail if the quality was poor and people die?
I rather think AI downsized her/ his engagement. Either just doing an supervision and sanity check or used the tool by itself and increased productivity.
Nice list dude
Oha, Feddiverse becomes important. Good sign