Posted 12/13/2014 16:51 (#4237934 - in reply to #4237283) Subject: RE: Banking, one more time....
S Illinois
Actually if I was reading that graph, I would say the time period from 1996 to 2009 was just as anomalous as what the last few years were. This is assuming that banks must keep a ratio rather than an absolute dollar amount. Not sure of an aha moment, but it is human nature to use whatever information we can find to support our positions and I am as guilty as the next person. However I am just trying to point out that the idea that we are anywhere close to weimar Germany or that savers should get 10% in savings accounts like the 70's-80's needs to be taken with a grain of salt. The information age allows us so much information at our finger tips, but this just means we have to take so much more time to decider it.
Banking, one more time....
