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2014-10-15 — zerohedge.com
`` why doesn't JPM lend out more: after all that is the main pathway to stimulate the economy as all pundits will tell us. Simple: it doesn't need to.... [with the] deposit-over-loan difference [at] a new record $591 billion due to the Fed, which when banks do not "create" money from loans (as they clearly don't), has to step in with QE and create money on its own.''
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