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Federal Reserve's Job Is Not Done

Federal Reserve's Job Is Not Done
biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.

Alexanderw Salter ,

Reducing Banks' Incentives for Risk-Taking Via Extended Shareholder Liability

It has long been understood that deposit guarantees and too-big-to-fail (TBTF) policies create a moral-hazard problem they incentivize banks to take on too much risk by shielding depositors and shareholders from losses in excess of equity (“left-tail” outcomes) in American banking.1 Congress passed the Federal Deposit Insurance Corporation Improvement Act (FDICIA) in 1991 to mitigate the moral-hazard problem by restricting forbearance and implicit subsidies for undercapitalized banks. ....

United States , National Bureau Of Economic Research , New York , United Kingdom , Seattle University , Across Bank , United Kingdom General , Jonathanr Macey , Milton Friedman , Alexanderw Salter , Howelle Jackson , Haroldl Cole , Tyler Cowen , Johnr Vincens , Johnd Turner , Walter Bagehot , Leee Ohanian , Masmi Imai , Ronj Feldman , Vipin Veetil , Graemeg Acheson , Benjaminc Etsy , Hester Peirce , Axel Leijonhufvud , Charlesr Hickson , Warrene Weber ,

CBDC in the USA: Not Now, Not Ever

CBDC in the USA: Not Now, Not Ever
thefrontierpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefrontierpost.com Daily Mail and Mail on Sunday newspapers.

New York , United States , Kevin Warsh , Milton Friedman , Alexanderw Salter , Federal Reserve , Wall Street , Federal Reserve Act , President Nixon , New York Fed ,

What They're Saying About TPPF's Responsible American Budget


What They’re Saying About TPPF’s Responsible American Budget
May 27, 2021
 a plan for the federal government to limit the out-of-control spending that threatens the prosperity of future generations. The key component of the proposal imposes a successful spending growth formula that has kept the budget in states like Texas from spending more than its taxpayers can afford.  
The Responsible American Budget has received high praise from members of Congress, top economists, state policymakers, and experts from across the country:   
Dr. Arthur B. Laffe
r, Presidential Medal of Freedom recipient: “Government spending is taxation, and we cannot spend and tax our way into prosperity. The Responsible American Budget is a terrific way to rein in this government waste by imposing fiscal limitations on the profligate spenders in Washington.” ....

United States , John Merrifield , Manfred Wendt , John Hendrickson , Vance Ginn , Steve Moore , Matt Schaefer , Alexanderw Salter , Grover Norquist , Jonathan Williams , Matthew Dickerson , Genevieve Collins , Bethany Marcum , Mike Braun , Jim Demint , Orphe Divounguy , Rawls College Of Business , Frontier Institute , Heritage Foundation , Alaska Policy Forum , American Legislative Exchange Council , Groverm Hermann Center , Tax Education Foundation Of Iowa , Texas Public Policy Foundation , Illinois Policy Institute , Texas Tech University ,