Birdwatch Note Rating
2023-03-14 02:12:53 UTC - NOT_HELPFUL
Rated by Participant: 848DE44047C3B0CA68820032EEA0CBF67A3ACF410295A60235D95BC5E348C49B
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