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A comment on WeWork Isn’t a Tech Company. Parent comment

Re:WeWork Isn’t a Tech Company by goatinaboat on Thursday August 22, 2019 @05:13AM (#20766114)
True, but that is a general property of fractional reserve banking, not specifically of maturity transformation.

There is a lot of ideology around homeownership both for and against, I am on the for side, so when asked about the social value of banking, that’s my go-to answer.

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Re:WeWork Isn’t a Tech Company by SilasX on Thursday August 22, 2019 @10:17AM (#20768307)
>True, but that is a general property of fractional reserve banking, not specifically of maturity transformation.

But maturity transformation requires FRB.

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Re:WeWork Isn’t a Tech Company by goatinaboat on Thursday August 22, 2019 @05:07PM (#20772358)
Not if you start with enough capital. But it is drastically more efficient with FRB.
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