This Simple Tool Could Help Prevent the Next Financial Crisis, Yet The Fed Refuses To Use It
- Sunday, December 9, 2018, 18:19
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Federal Reserve Governor Lael Brainard wants the central bank to trigger a key tool that would force banks to raise more equity capital relative to their debt. Her calls are likely to fall on deaf ears.
https://www.forbes.com/sites/pedrodacosta/2018/12/09/this-simple-tool-could-help-prevent-the-next-financial-crisis-yet-the-fed-refuses-to-use-it/
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