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@wackJackle@norden.social

2026-09-28 03:19 UTC

'banks could lose a large share of the cheap deposits they rely on to make loans, which would be a problem for the entire financial system.' NO! They don't. Chief economists at Apollo, Schieritz studied economics and both don't know that banks don't use deposits to make loans. This is the world we're living in. Everything is so stupid and dumb. Fuck me. Economists (derogatory)

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