4 ms·
This statement is confusing. It implies the Fed will guarantee investment accounts. Why keep any money in a non-interest bearing account? It’s amazing the ment
by alxmng 4y ago
This statement is confusing. It implies the Fed will guarantee investment accounts. Why keep any money in a non-interest bearing account?
It’s amazing the mental and bureaucratic gymnastics needed to avoid admitting that fractional reserve is an inherently unstable system.