would the abolition of inter banks lending eradicate the typical financial crisis faced by rich countries?
The handing over of electronic account without the real cash being in place allows the banks to trade contracts such as insurance, and mortgage. If the bankers or lenders were to be regulated to such extent that the borrower were to be forwarded the loan only from the lender's own reserve than it would be such that 'no reserve, no lending, no crisis'.
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