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Shadow Banking and Conventional Banking Depend on Government Support

Posted

October 2, 2012

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Part 2 Jennifer Taub: I think we need to look at the banking system and say: if our government is providing support, either through the FDIC or through the Fed, which when it engages in printing money obviously affects the economy and the value of goods and services, if a bank has that, they obviously are—this is a government banking system.

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Jennifer Taub I

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Shadow Banking and Conventional Banking Depend on Government Support · The Real News Network · Sentinel