Member Spotlight
Protecting Bank Deposits
Warren’s space
|
Thu, Mar 23, 2023
by
Warren Coats
Body
BWC member Warren Coats: "The cost of the Chicago Plan... is the need for banks to fund their credit operations with equity or long-term debt, rather than with potentially volatile deposits. We should move to the Chicago Plan and fully separate money from credit."
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Warren’s space
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Protecting Bank Deposits
Warren’s space | Thu, Mar 23, 2023
by Warren Coats
Body
BWC member Warren Coats: "The cost of the Chicago Plan... is the need for banks to fund their credit operations with equity or long-term debt, rather than with potentially volatile deposits. We should move to the Chicago Plan and fully separate money from credit."
To continue reading at
Warren’s space
, click here.