Comment by kennywinker

> The GFC would not have been prevented by a reserve requirement.

Who said anything about that?

> The problem didn't originate in the banking system

I guess i consider mortgage lending part of the banking system, but no matter - my point is it was created by financial institutions lending in ways that created money, helped their bottom line in the short term, and were unaccountable. That’s why i’m worried about how much of the US economy is created by private companies creating money out of thin air by loaning in loops.