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The only entities they seem to worry about is banks. And banks going under is bad news for everyone, always has been. Being a lender of last resort to banks is
by danielmarkbruce 4y ago
The only entities they seem to worry about is banks. And banks going under is bad news for everyone, always has been. Being a lender of last resort to banks is explicitly part of their mandate.
- pishpash 4y agoThey worry about banks because they are a bank. If it weren't for government oversight they'd be a private bank.
- yterdy 4y ago>The only entities they seem to worry about is banks. You'll have to support thay with something. Again, the language of their correspondence over the past few years says otherwise.