The alchemy of deposits | article by Patrick McKenzie - Upcarta

The alchemy of deposits

Article
Jul 7, 2022
#Money #CentralBank

Patrick McKenzie

@PatrickMcKenzie

Read on bam.kalzumeus.com

Deposits are a public/private partnership which create generally usable money out of risky banking activities.

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6529 @punk6529 · Jul 9, 2022

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From Twitter

Was planning to write a thread on deposits but @patio11 is already off and running on a nice series so we will let him handle