197 FYSA (media.greatawakening.win) posted 1 year ago by dudehat 1 year ago by dudehat +197 / -0 24 comments download share 24 comments share download save hide report block hide replies
Q: Why are so many banks allowed to make bad investments? I knew the stockmarket is a casino, but banks should not function that way.
Zero (or near zero) interest messed up a lot of things. To earn any interest, you had to go with riskier investments.
There used to be fractional reserve requirements, too. 10%. Now it is zero. There is no requirement to have ANY reserves for the deposits.