Birdwatch Note Rating
2023-03-17 03:54:55 UTC - NOT_HELPFUL
Rated by Participant: 0E514D25F61F03ED0730DF672A9D2CCE2718F7963D4C80CFD69FF0C2475D8D15
Participant Details
Original Note:
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
All Note Details