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This plan would save the government $150 to $200 million a year. This would also allow the FDIC to concentrate on deposit insurance and the Fed to concentrate on monetary policy (Anonymous 88). Of course this is Washington, not The Land of Oz, so everyone can't be satisfied with this plan. Fed Chairman Alan Greenspan and FDIC Chairman Ricky R. Tigert have been vocal opponents of the plan. Greenspan has four major complaints about the plan. First, divorced from the banks, the Fed would find it harder to forestall and deal with financial crises. Second, monetary policy would suffer because the Fed would have less access to review the banks...
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Common topics in this essay:
- banks
- Charles Banks
- Dennis Banks
- Banks and the Economy
- Banks
- banks in uae
- commercial banks
- Indian Banks
- Merging Banks
- Us Central Banks
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- Access the methods used by either Peron or Lenin to maintain his position as ruler of a single party state
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- tyra banks
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