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Central Banking is a Confidence Game | The Snider Series | Episode 6 (WiM106)
The "What is Money?" Show
Banks Don't Lender Anymore, and That's What Happened in Two Thousand Eight
The institutions that need the liquidity least, have easiest and cheapest access to it. Its its crowding out mam and pop, as you're describing, so terms of credit yet absoutly. Because that's really what's happened. And you see this repeatedly during deflationary periods, ofdre nary periods. You know, i just wrote an article to day about it in the 19 thirties,. where you look at where bank lending went et, collapsed by more than 50 % between 29 and 33 then never came back.
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