Birdwatch Note
2023-03-14 01:50:45 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
The fundamental theory of savings accounts & banking actually is “borrow short & lend long.” The only error was not adjusting their holdings by laddering up. https://seekingalpha.com/article/3528936-banks-borrowing-short-and-lending-long https://www.quora.com/How-do-banks-earn-profit-by-borrowing-short-and-lending-long
Written by B66F822EF41365AAD7ED3660440E1EF017C3A92776B04F14D3315E049D8A56FF
Participant Details
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All Information
- ID - 1635458412610744321
- noteId - 1635458412610744321
- participantId -
- noteAuthorParticipantId - B66F822EF41365AAD7ED3660440E1EF017C3A92776B04F14D3315E049D8A56FF Participant Details
- createdAtMillis - 1678758645572
- tweetId - 1635443481106866176
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
- believable -
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- summary
- The fundamental theory of savings accounts & banking actually is “borrow short & lend long.” The only error was not adjusting their holdings by laddering up. https://seekingalpha.com/article/3528936-banks-borrowing-short-and-lending-long https://www.quora.com/How-do-banks-earn-profit-by-borrowing-short-and-lending-long
Note Status History
| createdAt | timestampMillisOfFirstNonNMRStatus | firstNonNMRStatus | timestampMillisOfCurrentStatus | currentStatus | timestampMillisOfLatestNonNMRStatus | mostRecentNonNMRStatus | participantId |
| 2023-03-14 01:50:45 UTC (1678758645572) |
1969-12-31 23:59:59 UTC (-1) |
2023-03-15 05:09:59 UTC (1678856999448) |
NEEDS_MORE_RATINGS | 1969-12-31 23:59:59 UTC (-1) |
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