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The Fed has better tools. Financial instability isn’t really a great way to solve this.
by junofan 4y ago
The Fed has better tools. Financial instability isn’t really a great way to solve this.
- greatpostman 4y agoThere’s no way to solve it without pain. That’s like saying you can go to the gym and get big muscles without getting sore.
- alxmng 4y agoFractional reserve is inherently financially unstable. Investing deposits while simultaneously promising to pay them on demand is inherently financially unstable. There’s over 100 years repeatedly demonstrating this. Like clockwork, this exact scenario gets repeatedly demonstrated.