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Who would provide credit and do maturity transformation? Maybe you end up with duration matched funds everywhere but I think that's unlikely for regional banks.
by wbl 2y ago
Who would provide credit and do maturity transformation? Maybe you end up with duration matched funds everywhere but I think that's unlikely for regional banks.
- lotsofpulp 2y agoWhy is credit and maturity transformation needed for electronic payments? If people want to borrow money to pay for something (credit cards and the like), that can be its own thing that the government is not involved in.