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tech_pleb / Bootleg Macro Pleb
npub1adl…fhm8
2023-03-25 03:02:11
in reply to nevent1q…vxvk

tech_pleb on Nostr: Loans are not QE. Taking a loan puts a liability on your balance sheet. Figure below ...

Loans are not QE. Taking a loan puts a liability on your balance sheet. Figure below illustrates how BTFP loan would work. There is no increase in the equity of the bank. No economic stimulus unles they are mad & YOLO that loan into assets. QE on the other hand is like “here’s $100 for your 30Y bond of $60 value, keep the change ser…



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