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33 sats \ 1 reply \ @Scoresby 20h \ parent \ on: Banks and Strategy... Because That's What Strategy Is (Bloomberg, Matt Levine) econ
So then where did the idea that banks have particularly risky funding come from that Levine can make such a statement in his very-popular newsletter as if it is a well-known fact?
Feature of the fiat world // he never studied banking history past the 20th C...?
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