More Trouble in Squanderville
By Mike Whitney
Banks don't like committing capital because it limits profitability. This is why the big banks have fought so ferociously for deregulation, so they're not constrained in the amount of money they can make (via credit creation) with little capital.
http://www.informationclearinghouse.info/article27601.htm
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=deregulation
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Big+Banks
http://freepage.twoday.net/search?q=Squanderville
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Mike+Whitney
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Banks don't like committing capital because it limits profitability. This is why the big banks have fought so ferociously for deregulation, so they're not constrained in the amount of money they can make (via credit creation) with little capital.
http://www.informationclearinghouse.info/article27601.htm
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=deregulation
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Big+Banks
http://freepage.twoday.net/search?q=Squanderville
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Mike+Whitney
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Starmail - 2. Mär, 22:22
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