Macro Musings with David Beckworth cover image

Kate Judge and Peter Conti-Brown on the Lessons Learned from the 2023 Banking Panic

Macro Musings with David Beckworth

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Scrap the Deposit Insurance Limit

Tom Steyer: Let's scrap deposit insurance limit altogether. He says uninsured depositors create a fear for banks that they're going to have to diversify their funding source. "I don't think that guaranteeing all of banks deposit liabilities with public money is the right approach," he adds.

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