• arsCynic@lemmy.ml
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    2 days ago

    Debt has to be issued somewhere and the banks arent saying that enormous loans are being made to pay for AI development

    Ah yes, banks, the bastions of truth and moral conduct.

    • wetbeardhairs@lemmy.dbzer0.com
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      2 days ago

      Well they’re required to release public reports to both the stock market and to the fed about debts issued. That’s not really a moral subject.

      • arsCynic@lemmy.ml
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        2 days ago

        My confidence that these reports aren’t distortions of the truth is slim considering banks run on greed. Their track record doesn’t help either.