Re:JP Morgan's Coffee Machine
by conductr on Thursday September 09, 2021 @06:19PM
(#28475313)
Author ignores the fact that the bank has revenue from operations and it funds the majority of business expenses from those funds
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Maybe she will say that when the bank has some revenue that money is destroyed as it becomes reserves. The piece on it’s own doesn’t make much sense but maybe it does in the context of a non-sensical framework…