Tag Archives: Securitization of bank loans

An Ode to George Bailey, Credit in a Banking-less World and How Much QE Is Enough

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Though financial regulation has taken the friendly local loan officer (George Bailey) out of the credit equation, the Fed’s Quantitative Ease is creating credit at close to record rates of growth. The credit generation is not in the usual ways, but in amounts sufficient to generate an economic expansion. Read about the creative market response to increases in the monetary base when banks are handcuffed to Dodd-Frank. Continue reading

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