[ptah]

not sure why you are being downvoted as if fractional reserve banking is not the status quo

[gruez]

That's not relevant in the context of this discussion because at the end of the day, someone is not getting those interest payments. Sure, you can argue the money is still there (in the form of debt), but that doesn't help whatever entity that requires the cash now.

[ianleeclark]

Why do you believe some entity needs the cash now?