Birdwatch Note Rating
2023-03-14 04:34:45 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 36930387B4D5E0245403C82FA927101BBB9B05A3CFCB774A829EACA2573C5766
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