korrents

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Coordinated debanking is overstated; what is poorly understood is how independent banks end up making correlated decisions.

Drawn from what Patrick McKenzie said

What Patrick McKenzie actually said

  1. Patrick McKenzie Software engineer and writer, known online as patio11
    We will explore some coordination mechanisms, which are overstated, and some correlation mechanisms, which are poorly understood.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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