Questions: (a) why aren’t debt originators (who price it) required to hold it, or at least a large portion of it? (b) selling shares in it. (b) If Govt is lending and insuring, why isn’t it maintaining an interest? (c) and why wouldn’t that provide a system of measurement?
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Source date (UTC): 2022-11-16 17:10:23 UTC
Original post: https://twitter.com/i/web/status/1592928077755342848
Replying to: https://twitter.com/i/web/status/1592928075049992192
IN REPLY TO:
Unknown author
The Financial Crises: (Banks, Jpn, Azn, DotCom, Mortgage, New Globalist Retraction.)
Problem: the credit expansion game by repeatedly lending the same money in iterative expansion, and leveraging the same debt in interative expansion – these practices are ‘incalculable’.
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Original post: https://x.com/i/web/status/1592928075049992192
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