There is no Try; only Do.

Reader comment on: How To Regulate Bank Capital

Submitted by Michael E. Marotta (United States), Jan 4, 2012 22:00

The way to deregulate banking is to deregulate it. As pointed out by Lyle above, banking was (more) open before the Civil War. Unfortunately, we have a lot of residual misunderstanding of open banking - pejoratively called "wildcat banking." Even Krause Publishing in its catalogues of Obsolete Bank Notes refers to that era as time of cheats and swindles before the federal government brought stability. It might be easier to legalize marijuana than banking.

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Other reader comments on this item

Title By Date
⇒ There is no Try; only Do. [74 words]Michael E. MarottaJan 4, 2012 22:00
If we want to really deregulate banking. [156 words]LyleJan 3, 2012 21:51
Thanks
[w/response] [56 words]		John GillisJan 3, 2012 18:22

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