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Credit is being displaced by cash (reserves), as the Fed's securities purchases result is further dilution of US banks ' balance sheets.
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Sober Look: Credit as percentage of banks' balance sheets lowest in …
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Citing the 2008 credit crisis, which was triggered by too-big-to-fail banks , Subbarao said, we don't need monopolies, instead we need four-five banks of big size, as large banks can become too-big-to fail, leading to moral
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