Quote:
Originally Posted by taxwonk
You're right. I'm trying to force a structure. Most forced redistribution works that way. You could do it with use fees or excise taxes, if you prefer. But forced redistribution does have some element of compulsion in it. That's why it's called forced. Because the greedy gloryhallastoopid big banks ain't gonna redistribute profits, opportunities, risks, or paper clips voluntarily.
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look. This is draggin on long enough.
You want to control banks? We already have them by the short and hairies.
American commercial banking is almost completely dependent on the fed's window to make money. It sets their cost of capital, provides them liquidity, and pretty much creates their entire business for them. Just condition access to the window on banks doing X and they'll do X. Whether X is blowing Roger Ailes or making funds available to poor people, though, frankly, they'd prefer to blow Roger.
