Cash actually seems to have some characteristics of a loan — kind of like a little mini bond without a stated maturity date.
Just think – if you went to your banker to get a $1000 loan to be paid (with interest) in 90 days, he would have you sign a NOTE promising to pay.
Now look at a dollar bill. What does it say? It says Federal Reserve NOTE. This NOTE is legal tender for all DEBTS, public and private. That sounds like a loan, doesn’t it.
Who’d of thought cash might be loaning instead of owning?