Buy Without Your Bank

In 1933 in the midst of the Great Depression Congress was debating what would become the Glass-Steagall Act. Today, most economists agree that while there were numerous compounding causes of the Depression, the overarching cause was the lack of credit flow to the economy from the banks.  The lack of credit flow, caused by banks taking unnecessary investing risks, and realizing a conflict of interest within a banking system that allowed a bank to both issue loans and trade investments based upo

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On the Economy…