3 ms·
>Why is everyone a bank? Seems to me that sensible ones would have more capital than they really need, and it would be so poorly-performing that they can loan
by fuzzfactor 7y ago
>Why is everyone a bank?
Seems to me that sensible ones would have more capital than they really need, and it would be so poorly-performing that they can loan it out for better returns than they would get using it for their own growth purposes.