Tim Bouma on Nostr: The issue is not credit. The issue is bank and government credit that gets passed off ...
The issue is not credit. The issue is bank and government credit that gets passed off for cash. The banks have it great because their credit is pegged at 1:1 - there is no discount for their risky behaviour. And then all that ‘cash’ flies into durables like housing.
Published at
2024-11-10 12:47:39Event JSON
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