Sure... you kind of left off the rest of the sentence there...In this case, what is the "it"? Ie, what specifically are the assets and liabilities?
In this case the loans are largely balanced by deposits. That was the point, and it does refute the parent claim.
If money was made up like folks are suggesting in this thread, then the items making the balance sheet balance would be... something else. I don't know, because it's such a stupid idea.
In this case the loans are largely balanced by deposits. That was the point, and it does refute the parent claim.
If money was made up like folks are suggesting in this thread, then the items making the balance sheet balance would be... something else. I don't know, because it's such a stupid idea.