AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Importance of Investing in Financial Stability
In order to find out what was going on we sent people out, younger members of the staff would go and attend these seminars. We heard were really quite alarming one of which was a new form of financial instrument had been invented called a deposit bond. My feeling is if you're interested in financial stability which central banks should be it's no point relying on economic statistics or talking to the CEOs of banksYou've got to be out there getting your hands dirtytalking to people at bars and talking to people at barbecues. It's almost like police work.