That’s already happening. Bank reserves are being tightened up. Plus banks do that anyways when economic outlook looks poor.
I think it would be terrible to legislate any of this. The fed is already under enough political pressure.
Can you image politicians trying to control the economy? They’d screw it up for sure.
That’s already happening. Bank reserves are being tightened up. Plus banks do that anyways when economic outlook looks poor.
I think it would be terrible to legislate any of this. The fed is already under enough political pressure.
Can you image politicians trying to control the economy? They’d screw it up for sure.