Reevaluating Capital Requirements

This chapter critiques the reliance on capital requirements for regulating the U.S. financial system, arguing that they can worsen systemic failures during crises. It emphasizes the importance of reserve requirements as a counter-cyclical tool to enhance overall financial stability, contrasting historical practices with modern neoliberal approaches.

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app