Replying to Avatar Mags

If you have grave concerns about the collapse of the legacy financial system, you have not managed your risk sufficiently

#GetOffZero
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Tim Bouma 2y ago

I can't help but remark on the profundity of the observation that a fully-reserved (zero-risk) cash deposit bank is a risk to the banking system.

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Mags 2y ago

#[4] laid it out well

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Tim Bouma 2y ago

Yeah, that’s likely where I saw it first. It’s like ejecting the top player from your beer league because they make everyone else look bad.