The bank had an abundance of assets yet couldn't turn it into cash
Too bad. But, is there a permanent solution to that? What do you think?
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The bank had an abundance of assets yet couldn't turn it into cash
Too bad. But, is there a permanent solution to that? What do you think?
Posted Using LeoFinance Beta
The answer is more money in the economy. This is what happens with deflationary money. We see it in the USD and eurodollar systems.
Bank balance sheets are contrained.
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