Provenance is one of the 3 cases he recognizes in the opening section. Isn't the problem you describe provenance? His loan discussion focuses moreso on them bei

Provenance is one of the 3 cases he recognizes in the opening section. Isn't the problem you describe provenance? His loan discussion focuses moreso on them being zero risk. Risk in loans is a feature, otherwise there's no point to paying interest and thus no point to the transaction.