Tuesday 27 June 2017

The Ultimate Regulatory Reform: Abolish Fractional Reserve Banking!

Antonius Aquinas:



fractional reserve banking II
The Trump Administration has presented the first part of its plan to overhaul a number of Wall Street financial regulations, many of which were enacted in the wake of the 2008 financial crisis.  The report is in response to Executive Order 13772 in which the US Treasury Department is to provide findings “examining the United States’ financial regulatory system and detailing executive actions and regulatory changes that can be immediately undertaken to provide much-needed relief.”*

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