Re:Central Banks and Disintermediation
by mrmikardo on Wednesday January 27, 2021 @06:49AM
(#25927086)
I agree.
And the more centralised the banking system is, the weirder the incentives become / banks are somewhat decoupled from the incentive to lend to credit-worthy / promising businesses (like here in the UK).
Re:Central Banks and Disintermediation
by mr_toad on Wednesday January 27, 2021 @07:25AM
(#25927368)
I’m not sure what you mean by that. It seems obvious that’s banks have become increasingly risk adverse in the last 12 years or so, but I’m not sure what that has to do with centralisation.
And the more centralised the banking system is, the weirder the incentives become / banks are somewhat decoupled from the incentive to lend to credit-worthy / promising businesses (like here in the UK).