banks have been denied the opportunity to trade like they used to. Volker rule. Sitting on a trillion in reserves and growing. Thats been accumulated in just a few short years. THey can loosen those reigns in any sort of meltdown.
re: banks have been denied the opportunity to trade like they used to. Volker rule. Sitting on a trillion in reserves and growing.
I think that’s the reason why all these talk about inflation growing because of Fed quantitative easing ( i.e. printing money ) did not pan out.
Money is not really circulating in the economy. Most of it is just sitting there doing nothing.