Lyn Alden / @LynAldenContact (RSS Feed) on Nostr: Often I see people assume that with full-reserve banking, there would be no credit. ...

Often I see people assume that with full-reserve banking, there would be no credit.

But full-reserve banking just means that loans are funded by time deposits rather than demand deposits. In other words, there is duration-matching between assets and liabilities. 🧵

https://nitter.moomoo.me/LynAldenContact/status/1732442866083873183#m