Why Some Say The Banking System Needs Massive Expansion

本站添加: 2026-05-25

[00:00:00]It is possible to control the quantity and prices separately because it's not possible in equilibrium but we don't have equilibrium. Of course the solution would be to create hundreds in fact thousands more banks that would create credit fund productivity. You get more growth which solves your you know >> product. That's a good point.

[00:00:18]Productivity is the is the key >> and so on and so on. Uh but so but the conclusion really is um >> it's it's it's going to be key what the Fed is going to do. Um and we have to see how you know what Kevin Walsh is going to do. But um you know just on past Fed performance we have to assume unfortunately that maybe they're not yet catching on that they need to help create many many banks. That would be the way out. Um but instead there will be more monetization, money creation,