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> 1. The government requires banks buy their debt and hold it as reserves because it's considered the safest investment. What do you mean by this? No one forc
by geysersam 4y ago
> 1. The government requires banks buy their debt and hold it as reserves because it's considered the safest investment.
What do you mean by this?
No one forced them to invest in bonds and not hedge against raising interest rates.
- ClumsyPilot 4y agoThe while posts makes out banks to be victims. Supposedly they have no agency. Bank lives matter!