tag:blogger.com,1999:blog-2277215496195926573.post4276375938820895401..comments2024-01-01T07:41:51.347-08:00Comments on RALPHONOMICS: Bank regulators fail to deal with building societies – but full reserve banking does.Ralph Musgravehttp://www.blogger.com/profile/09443857766263185665noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2277215496195926573.post-56523497040774046572013-03-20T22:49:20.539-07:002013-03-20T22:49:20.539-07:00Fair point. Merv made his point in passing, rather...Fair point. Merv made his point in passing, rather than making a song and dance about it. But his point is valid: the way current attempts at bank regulation deal with building societies is logically inconsistent with the way banks are treated. Or should I say that’s one of the many pieces of false logic in current proposals for bank regulation.<br /><br />Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.comtag:blogger.com,1999:blog-2277215496195926573.post-54643649312683158792013-03-20T13:23:21.912-07:002013-03-20T13:23:21.912-07:00Not quite sure why you and Merv are beating up the...Not quite sure why you and Merv are beating up the building societies. I don't think it is they who have been the cause of most of the problems in the financial sector in the last 5 years or so.montmorencyhttps://www.blogger.com/profile/12879422255762834319noreply@blogger.com