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Three Good Fellows and Not Enough Babies: A Conversation with Demographer Nicolas Eberstadt | GoodFellows: John Cochrane, Niall Ferguson, H. R. McMaster | Hoover Institution
GoodFellows: Conversations from the Hoover Institution
I Don't Think It's Over
I don't think this crisis is over that financial crises of this sort can actually play out over weeks, even in the 80s. This has been a pretty significant tightening of monetary policy that the Fed has done. But I think we have to remember that this thing has further to run and it's not clear to me that the measures that were taken over the weekend have in fact stonched the crisis of confidence in a whole bunch of banks.
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