Lending at interest only leads to unlimited aggregation if the risk of lending i...

		findthewords on Feb 11, 2021 \| parent \| context \| favorite \| on: America's 1% Has Taken $50T From the Bottom 90% Lending at interest only leads to unlimited aggregation if the risk of lending is zero. Zero interest rate policy and government backed securities is indeed as close to zero risk as possible in the real world.