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" It also directs capital away from investing in technology and businesses." Empirically this does not seem like a problem in the US at the moment. Large US ba
by p0larbear 5y ago
" It also directs capital away from investing in technology and businesses."
Empirically this does not seem like a problem in the US at the moment. Large US banks are starved for lending opportunities, and turning away deposits for lack of balance sheet. The Federal Reserve bought corporate bonds. Lending conditions are loose (see links)
https://fred.stlouisfed.org/series/DRTSCILM https://fred.stlouisfed.org/series/DRTSCILM
https://fred.stlouisfed.org/series/DRSDCIS https://fred.stlouisfed.org/series/DRSDCIS
https://fred.stlouisfed.org/series/NFCICREDIT https://fred.stlouisfed.org/series/NFCICREDIT
https://fred.stlouisfed.org/series/NFCI https://fred.stlouisfed.org/series/NFCI