EPISODE · Oct 23, 2009 · 5 MIN
Why curbing finance is hard to do
from FT Martin Wolf
There is a way of making finance safe. But it would be radical: deposits would be 100 per cent reserve backed; and the liabilities of other investment vehicles would be adjusted for the market value of their assets at all times. Banking would disappear, argues Martin Wolf. Hosted on Acast. See acast.com/privacy for more information.
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