The Fed's Dilemma
Explore the impact of the Federal Reserve's interest rate policies on lending and the economy, as Russ and Richard discuss the reasons behind banks holding excess reserves and the potential consequences for lending to businesses.In this clip
From this podcast

EconTalk
Richard Posner on the Financial Crisis
Related Questions
Should banks hold 100% reserves?
Should banks hold 100% reserves as discussed in the episode Richard Posner on the Financial Crisis and the clip The Fed's Dilemma?
Should banks hold 100% reserves as discussed in the episode Can you live without a bank account? and the clip Banking Reserve Requirements?