Banking System Redesign
The current banking system forces individuals to subsidize borrowers through fractional reserve banking, creating a fragile financial structure. An alternative model, such as full reserve banking, could enhance stability by ensuring deposits are safeguarded in short-term assets like U.S. Treasuries. This shift could lead to lower borrowing costs, as banks would operate with less risk and more transparency.In this clip
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The James Altucher Show
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