frantz-durupt

19601 Articles by: Frantz Durupt

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Frantz Durupt is a journalist at French daily Libération.

Why Do We Even Need Private Banks?

Since Silicon Valley Bank’s collapse, some commentators have been waking up to the need for a socialization of deposit-taking banking. They’re right — but the same logic leads to a more radical conclusion: a fully socialized capital market, with no private banks.