Monthly Archives: December 2017

WSJ: A Booming Economy Will Challenge the Fed

Normal growth will drive up the demand for bank loans and induce lending of excess reserves. By Phil Gramm and Thomas R. Saving Dec. 13, 2017 6:37 pm ET The asset base of the world’s financial institutions crumbled in the fall of 2008 as mortgage-backed securities collapsed and credit markets froze. The Federal...
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