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I'm sorry no. Banking provides a lot of services beyond accounts. The last thing we need is government deciding which business gets loans. They'll soon be ana
by anon291 4y ago
I'm sorry no. Banking provides a lot of services beyond accounts.
The last thing we need is government deciding which business gets loans.
They'll soon be analyzing your social media before loaning you anything.
- freeone3000 4y agoHas there been any indication of the federal reserve replacing loans? This looks to replace checking and savings accounts.
- anon291 4y agoHow would banks make loans if not for taking deposits?
- freeone3000 4y agoMuch as they do now: by grouping loans by creditworthiness and selling them as bundles to investors.