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Well, literally the point is to stop banks from taking as many loans and force them to keep more deposits at hand to cover withdraws. But yeah, getting the eco
by marcosdumay 1y ago
Well, literally the point is to stop banks from taking as many loans and force them to keep more deposits at hand to cover withdraws.
But yeah, getting the economy unaddicted to ZIRP is a good side-effect that the US will get if they manage to keep it all the way through the withdraw phase.