Birdwatch Note Rating
2023-03-14 06:31:15 UTC - HELPFUL
Rated by Participant: 1338A4FCFCDA781226E6427042A0C16CAC3920B9C0533E02F9AF7679E0BB18AC
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