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IPFS News Link • Federal Reserve

Washington's Big Lie

• EconomicPolicyJournal.com
 
Bob Murphy then spoke on the current status of banks and made the very important point that the percentage of assets they are holding in terms of Treasury securities is skyrocketing. This explains why fewer business loans are being made, as the banks through a combination of wanting to avoid risks, and regulations nudging them toward government securities purchases, end up holding the government securities as opposed to making business loans.

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