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0 pointsmissedthecue3y ago0 comments

Money is fungible. Functionally, the result is the same. A bank cannot lend out more than the amount of assets (deposits) that it has on the books.

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That's categorically untrue. But understanding why would require reading the article I linked earlier.

j / k navigate · click thread line to collapse

0 pointsmissedthecue3y ago0 comments

Money is fungible. Functionally, the result is the same. A bank cannot lend out more than the amount of assets (deposits) that it has on the books.

That's categorically untrue. But understanding why would require reading the article I linked earlier.

j / k navigate · click thread line to collapse