The simplest reason is that the bank has no incentive to work with its customers or with businesses. This isn't a simple free market.
Well, it's not a simple free market because the government has made it so. But the bank has significant incentive to work with customers and with business - without those two cogs, the banks fail to exist.
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Re: error 404
Date: 2/10/11 00:45 (UTC)Well, it's not a simple free market because the government has made it so. But the bank has significant incentive to work with customers and with business - without those two cogs, the banks fail to exist.