On: FDIC Takes over Silicon Valley Bank

[UniverseHacker]

The ability to 'borrow' someone else's money to do something valuable with it opens huge opportunities. This model is what fueled the massive economic growth of the last few hundred years, made the industrial revolution possible, and made home ownership possible for non-aristocracy.

[kayamon → UniverseHacker]

The people whose money you're 'borrowing' may have had other ideas about what they'd have liked to see it invested into.