2 ms·

FDIC insurance, the Federal Reserve, a whole bunch of other banking-specific laws...

• eru 10y ago
  That being said, there are good arguments for doing away with these, and regulating banks just like any other business. Historically, eg Canada and Australia had good experiences with that setup. They had a more stable and advanced banking system in the relevant times (around 19th century-ish, I think), than the much more invasively regulated US at the time.