Wicked Non-Exploiters of Savings
Posted in You Can't Have it Both Ways on Mar 2nd, 2011
The Bank Act of 1933 is famous for the provision separating the investment and commercial banking activities of financial institutions. Another part of that act included what was known as Regulation Q. Fortunately it has since been repealed. What was Reg Q? Simply it was a law that forbid commercial banks from paying interest on […]
