Big Bank Moral Hazard: A Look at Paul Volcker’s Fed and June 30, 1982

Big Bank Moral Hazard: A Look at Paul Volcker’s Fed and June 30, 1982

By Pam Martens and Russ Martens: June 24, 2015 By any measure, the taxpayer bailouts and Federal Reserve loans of more than $13 trillion infused into the banking system during and after the 2008 financial collapse eclipse any other period in U.S. history. A growing body of research now suggests that these bailouts have set us up for ever greater episodes of moral hazard. Kartik B. Athreya, writing for the Richmond Fed, has described … Continue reading →

Big Bank Moral Hazard: A Look at Paul Volcker’s Fed and June 30, 1982 is a story from: BitcoinWarrior.net

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