nostr:npub1ly26mcp4r2yxs9fcsacegyxn6tu8pat7hlxlnk8fc2z573swk8qqlqp3k0 

The article I linked to was a quick (not necessarily the best) choice...

For me responding to your thread, a couple of key points:

Banks are specialised institutions empowered by the state to create credit - which is why you cannot lend me £1m because you are not a specialised institution empowered by the state.

However, Keen's key point (which appear late on in the article), is provided the loan is 'performing' - the borrower is paying the instalments... 1/2