HOW BANKS CREATE MONEY
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Yeah, it would certainly be easier than, you know, coming up with a reasonable alternative. That might require people to *gasp* understand economics.
holycow818181 2 years ago
*GlassSteAgall
CRAPCANNONS 2 years ago
Great series.
The repeal of Glass-Stegall seems to have only compounded exponentially the amount of imaginary money in the economy.
Is it conceivable that a potential "run" can be organized and threatened on a bank that is or has been reckless with the money of those with accounts they hold? The goal being to disincentivize future recklessness and regulate from the bottom up rather than from the top down.
Thanks.
CRAPCANNONS 2 years ago
maybe everyone should withdraw their money and cause a crisis.. one they cannot control.
navtel 2 years ago