3 ms·
Under your definition they can just hold the bonds to maturity to be solvent.
by carnitine 4y ago
Under your definition they can just hold the bonds to maturity to be solvent.
- itsoktocry 4y agoBut you can't "just hold to maturity"; you are obligated to pay back deposits on demand.
- carnitine 4y agoObviously not in reality, but their (wrong) definition refers to ‘time to do so’.
- kryogen1c 4y ago>> time to do so, thats the definition of being illiquid, not insolvent. i said time is about liquidity, not solvency. i never said gaining money in the future makes you solvent in the past.