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the problem with these banks is that they have built up a frictional reserve system based on government bonds, and God knows these are no longer safe if governments continue to pursue such debt policies
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the problem with these banks is that they have built up a frictional reserve system based on government bonds, and God knows these are no longer safe if governments continue to pursue such debt policies
To me banks need to manage their risk proactively, maybe by diversifying their portfolios and adjusting their investment strategies