
Surveillance: Bank Regulation with Hoenig
Bloomberg Surveillance
00:00
Is There a Lot of Humility in the Policy Making Business?
Former head of the Kansas City Federal Reserve says policy invites speculation. Those who are not bailed out become resentful and blame it to some extent on elites, he says. "I think there needs to be a lot of humility in the policy-making business," Thomas said.
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