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Why do we need private banks at all? | 133 comments (133 topical, editorial, 0 hidden)
Re: Why do we need private banks at all? (none / 0)
As has been pointed out elsewhere on this thread, lending is not done from deposits.

In fact, lending creates deposits.

There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman

by Carrie (migeru at eurotrib dot com) on Tue Feb 28th, 2012 at 05:48:54 PM EST
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Why do we need private banks at all? | 133 comments (133 topical, 0 editorial, 0 hidden)
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