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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.

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.