More charitable take is Fed needs banks to provide credit. Narrow banks would draw on that source of capital. Which would have a tightening effect on the economy.3/31/2023, 11:29:37 AM1 reply0 recasts0 reactions
More charitable take is Fed needs banks to provide credit. Narrow banks would draw on that source of capital. Which would have a tightening effect on the economy.3/31/2023, 11:29:37 AM1 reply0 recasts0 reactions
