Join Nostr
2026-08-17 14:40:47 UTC

GhostOnTheHalfShell on Nostr: [@economics_that_works]( ) 7 min Banks that made tons of loans where people refinance ...

[@economics_that_works](https://fedigroups.social/@economics_that_works )

7 min

Banks that made tons of loans where people refinance to a lower interest rate in a world that experience inflation means that the interest income they get continuously loses, real purchasing power. Banks aren’t going to be making very much money at all off of real estate for a while because the market is withering at this point.

https://m.youtube.com/watch?v=NidNMGHrolQ