The Money Problem: Rethinking Financial Regulation by Morgan Ricks (English) Pap
31,25 €
"The problem of runnable debt has solutions. Ricks has an even more controversial solution for the risks that shadow banks pose. He proposes banning any financial institution that isn't a bank from issuing runnable liabilities--in other words, he calls for the end of shadow banking.To put it mildly, this would be a big deal.".
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