"These subsidies, professor Johnson says, take the form of special access to the Fed's 'discount window' and ongoing, unwritten 'Too Big To Fail' guarantees that the US taxpayers will cover any major losses the banks incur--by bailing them out all over again.
These subsidies allow the big banks to borrow money at a lower cost than their smaller competitors, and, thereby, win market share and produce higher profits."
Click through to watch the video. Johnson is clearly right.
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