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Tag Archives: banking reform

Fixing Out-Of-Control Banking Systems? — Brian Romanchuk

This is just a short post-script to some points in the James Meadway article I discussed yesterday. What is to be done about financial sectors that are out-of-control, and endangering economic stability?... I would add one important thing that MMT contirubtes to this debate that Brian doesn't mention here. Warren Mosler has pounded on the need to regulate banks' asset side rather than their liability side as is current practice.Brian does mention that MMT economists have criticized current...

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