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This isn't for your spare change, if you need to stash billions of dollars you're not walking down to the local credit union and signing up for an account.
by jonknee 11y ago
This isn't for your spare change, if you need to stash billions of dollars you're not walking down to the local credit union and signing up for an account.
- 6stringmerc 11y agoYes but Glass-Steagall kind of principles are the ones that are continually being lobbied and chipped away at to increase the capacity for risk in the financial markets. See: Trying to treat municipal bonds as high quality liquid assets (vs. illiquid for holding purposes).