People Are Seriously Talking About Banning The Banks — And It's Not As Crazy As It Sounds
Economists have begun seriously discussing the idea of banning banks. That seems ridiculous and far-fetched, but the idea might not be as crazy as it sounds. But before we get to the idea, there's something important that needs to be addressed, which is that people tend to have a gross misconception about what a bank does. The typical person probably thinks about a bank the way it's depicted in the movie "It's A Wonderful Life."