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> That the assets might nominally cover the deposits in 10 years is besides the point, the depositors don't want to wait 10 years This would be a problem of li
by boxed 4y ago
> That the assets might nominally cover the deposits in 10 years is besides the point, the depositors don't want to wait 10 years
This would be a problem of liquidity though, which was my original statement.
- xapata 4y agoNot just liquidity. A dollar 10 years from now is worth less than a dollar today. That means it's a solvency issue as well.