Comment by KolmogorovComp
10 months ago
> US banks create, though lending, 10.7 Trillion per year.
for which interest rate? how much was it creating when it was at its lowest rate?
10 months ago
> US banks create, though lending, 10.7 Trillion per year.
for which interest rate? how much was it creating when it was at its lowest rate?
Seems a great question for the author. He should put some numbers with the theory.