Monetary Policy And Ending Too-Big-To-Fail
Monetary Policy And Ending Too-Big-To-Fail
My successor as Minneapolis Fed President, Neel Kashkari, gave his first speech in his new role today. I congratulate him on a well-worded and stimulating set of remarks. He argued passionately in favor of imposing much tighter restrictions on the nation’s largest financial institutions, including possibly requiring them to hold a lot more capital or breaking them up.
In this post, I’ll comment on two monetary . . .
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