> My jaded view would be that the banks would just borrow free money, but not pass anything onto the consumers, instead using it for more high risk trading. Re

> My jaded view would be that the banks would just borrow free money, but not pass anything onto the consumers, instead using it for more high risk trading. Regulatory changes following the financial crisis make it harder [1] for banks to engage in proprietary trading and pose stricter limits [2] on how much risk they can take on. [1] https://en.wikipedia.org/wiki/Volcker_Rule https://en.wikipedia.org/wiki/Volcker_Rule [2] https://en.wikipedia.org/wiki/Basel_III https://en.wikipedia.org/wiki/Basel_III