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0 pointsfrom-nibly1y ago0 comments

But banks also make loans, and do fractional reserve banking, so obviously owning bonds isn't enough.

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The Fed doesn't let banks do this because it would be "too safe"

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0 pointsfrom-nibly1y ago0 comments

But banks also make loans, and do fractional reserve banking, so obviously owning bonds isn't enough.

The Fed doesn't let banks do this because it would be "too safe"

j / k navigate · click thread line to collapse