Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Don Lloyd who wrote (74328)	1/24/2000 2:34:00 PM
From: Mike M2	Read Replies (1) of 132070

Don, one issue that I forgot to mention is the role non bank financial intermediaries play in bank credit inflation is that the banks sell the loans and Wall St. turns them into asset backed securities. By getting rid of the loans they are free to create more loans in effect circumventing the reserve requirement limitations on loans. Perhaps I am missing something but that is the way I see it. ho ho ho Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next