金融システムを安全なものへと漸進的に変えていくための6つのステップ;
- create a set of laws and institutions that make it possible to bankrupt any and all institutions, even in a crisis.
- make financial institutions safer, with much higher capital requirements, against all activities.
- prevent off-balance-sheet activities.
- impose dynamic provisioning.
- require huge cushions of contingent capital.
- cease to favour debt-finance, throughout the economy.
my room, Washington DC, Oct 23, 27:02
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