tag:blogger.com,1999:blog-8839412.post6813832827959034503..comments2024-03-19T07:48:54.021-06:00Comments on Gus Van Horn: 4-6-13 HodgepodgeGus Van Hornhttp://www.blogger.com/profile/05126749051688217781noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8839412.post-62303963960261147692013-04-06T16:09:30.596-06:002013-04-06T16:09:30.596-06:00Sure, if by "generous", you mean "g...Sure, if by "generous", you mean "go in and start running things".<br /><br />That said, it's rich that Blinder wants the Fed to charge banks for that privilege.Gus Van Hornhttps://www.blogger.com/profile/05126749051688217781noreply@blogger.comtag:blogger.com,1999:blog-8839412.post-8822369809925060202013-04-06T10:29:22.368-06:002013-04-06T10:29:22.368-06:00re: "An Overleveraged Fed Punishes Better-Cap...re: "An Overleveraged Fed Punishes Better-Capitalized Banks" <br /><br />It has also been very generous in their beahalf, and former Fed official (Jun 1994 - Jan 1997) Alan Blinder has suggested the Fed switch to 'paying' [charging] the banks negative interest rates on reserves.<br /><br />He says, "When I want to be polemical about it, I say things like: 'My bank pays me one basis point on my checking account. Why are you paying my bank 25 basis points on their checking account?'"<br /><br />http://finance.fortune.cnn.com/2013/01/25/alan-blinder-interest-rates/<br />Vigilishttps://www.blogger.com/profile/05051789616490005367noreply@blogger.com