tag:blogger.com,1999:blog-5713178645208582139.post1274649030726151007..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: "Deposit Insurance" for the Shadow Banking SystemDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5713178645208582139.post-49299679354277086172010-03-26T20:09:03.349-05:002010-03-26T20:09:03.349-05:00Some reviews:
"Jimmy Stewart Is Dead is a pa...Some reviews:<br /><br />"Jimmy Stewart Is Dead is a page-turner, as fast-paced as The Simpsons, with new insights on every page. As fun as it is, Jimmy Stewart is also deadly serious. It describes our deep financial problems and offers an amazingly simple financial fix to prevent an even worse crash. Everyone should read this book."<br />—GEORGE AKERLOF, Koshland Professor of EconomicsDonald Pretarihttps://www.blogger.com/profile/14493535232127084725noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-6594515849925732542010-03-26T20:06:24.929-05:002010-03-26T20:06:24.929-05:00David,
Here's an approach I like:
http://www...David,<br /><br />Here's an approach I like:<br /><br />http://www.amazon.com/Jimmy-Stewart-Dead-Financial-Strikes/dp/0470581557/ref=sr_1_9?ie=UTF8&s=books&qid=1259679868&sr=8-9<br /><br />Take care,<br /><br />DonDonald Pretarihttps://www.blogger.com/profile/14493535232127084725noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-77902924170456215012010-03-26T14:02:44.628-05:002010-03-26T14:02:44.628-05:00Don, what is narrow/limited/utility banking?Don, what is narrow/limited/utility banking?David Beckworthhttps://www.blogger.com/profile/04577612979801459194noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-17758678424950609892010-03-26T13:30:31.196-05:002010-03-26T13:30:31.196-05:00"The emergence of the shadow banking system, ..."The emergence of the shadow banking system, therefore, not only has implications for the correct measure of the money supply, but also for what will be the new moral hazard and government regulation of the financial system."<br /><br />That right. But it's not an implication. Politically, the Shadow Banking System will be guaranteed, even if we call it "implicitly", and Donald Pretarihttps://www.blogger.com/profile/14493535232127084725noreply@blogger.com