And let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank lending and bank issuances of liability.
When we were children, we used to think that when we were grown-up we would no longer be vulnerable. But to grow up is to accept vulnerability... To be alive is to be vulnerable.
Arthur Calwell, Politician (1896) |
Robertson Davies, Novelist (1913) |
Marvin Davis, Businessman (1925) |
Terrell Davis, Athlete (1972) |
Dan Deacon, Musician (1981) |
Ben Gazzara, Actor (1930) |
Umberto Giordano, Composer (1867) |
Armie Hammer, Actor (1986) |
Samuel Larsen, Actor (1991) |
Bruce Catton, Historian (1978) |