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martingaler
searching PlanetScale…
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by
martingaler
17y ago
banks traditionally borrow short to lend long. that is how profit and loss capability is generated. that is the s&l proverbial plan. its built into the design and is not a flaw. the problem is expecting the taxpayers to bail the player
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by
martingaler
17y ago
author of article is kind of an idiot. you too can buy us bonds (the 4% he refers to) you just are locked in for 30 years. banks give you less yield because you can get your money out quickly. what he should say is that the us govt programs