Re:New York Fed Again Upsizes Liquidity Plans for Turn of th...
by joering2 on Wednesday December 18, 2019 @11:06PM
(#21831953)
So less regulation allows banks to use their clients money more aggressively. Then why would banks need to borrow so much money? And if its returned overnight, then why is FED keep pumping more and more?
Can something bad for market come out of it? Like one of big bangs bankrupting or something?
Since the regulation was introduced to reign in irresponsible freewheeling and extreme risk taking by banks, the logical conclusion must be that the banks despite the regulation that was intended to keep them into a position that was in line with their public responsibility are at it again.