akovalenko on Nostr: If a fractional-reserve freebanker markets his product as one-day time deposit with ...
If a fractional-reserve freebanker markets his product as one-day time deposit with auto-prolongation, would a 100% reserve proponent qualify this as a fraud? Yes if he believes that loan maturity mismatch is also a fraud. But otherwise seems that he wouldn't.
Published at
2023-03-29 07:47:01Event JSON
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