1 |
[quote]These entities called Banks are not limited in how much money they are allowed to "prescribe" to people in loans, and then by trading those loans with each other.[/quote]
|
1 |
[quote]These entities called Banks are not limited in how much money they are allowed to "prescribe" to people in loans, and then by trading those loans with each other.[/quote]
|
2 |
They are limited by regulation.
|
2 |
They are limited by regulation.
|
3 |
https://en.wikipedia.org/wiki/Basel_III
|
3 |
https://en.wikipedia.org/wiki/Basel_III
|
4 |
But
nothing
prevents
them
from
abusing
it.
And
even
if
they
remain
within
the
limits,
its
shaky.
.
.
|
4 |
But
nothing
prevents
them
from
abusing
it.
And
even
if
they
remain
within
the
limits,
its
shaky.
.
.
and
the
banks
are
the
major
beneficiary
of
such
a
system
anyway,
not
the
public.
|
5 |
\n
|
5 |
\n
|