3 ms·
Banks have a bunch of assets (mortgages, long-term government debt) that still has its full value, but only 10 years later, people want their money out now, the
by Analemma_ 4y ago
Banks have a bunch of assets (mortgages, long-term government debt) that still has its full value, but only 10 years later, people want their money out now, the Fed is issuing bridge loans to cover the gap and avoid bank runs.