Comment on Why do companies always need to grow?
csverdad@midwest.social 3 days ago
It’s all based around fractional reserve lending and interest. Banks take in deposits and lend several times the deposit amount at interest against that reserve. To pay back the bank the business sector has to grow in order to pay interest on the principal. Make sense?
DreamlandLividity@lemmy.world 3 days ago
no. You can pay interest out of your profits. And many businesses don’t have significant loans.