3 ms·

This sounds like a big deal and the first I'm hearing about this. What's to stop a bank with $1 million in deposits from loaning out $1 trillion?

• Finnucane 4y ago
  High likelihood of eventual bankruptcy.
  • DevX101 4y ago
    Yes, and some # of banks will do it nonetheless. Sounds like the U.S. taxpayers will be rescuing some failed banks very soon. This can't end well.
  • scotty79 4y ago
    Doesn't seem to work because inflation went through the roof.