The official definition of a republic is any state that doesn’t have a monarch. That said, republicanism and republics have been closely affiliated with democracy, because the reason most people hated monarchs in the first place, was because they were not elected by the population.
So while Stalin was right on paper, it is quite misleading because it might lead to some people believing Stalinist Soviet Union was democratic, when in fact it was a dictatorship.
Thinking they would win the fight
The second temple till that got destroyed too jews dont believe in idols
Pros : It would allow people to buy now what they might not have money for immediately. If the borrowing is used to invest in generating income or building marketable skills (education) it could more than pay back what is owed.
Cons: The money must be paid back with interest. Borrowing may encourage people to buy more than they really can afford.