I offer a simple legislative reform to our nation's system of deposit insurance. The legislation removes all caps on coverage while retaining the risk-pricing and capital regulation that prevent moral hazard. The upshot - deconcentration, definancialization, and reindustrialization.
Universal Deposit Insurance: The Federal Deposit Insurance Completion Act Of 2023
Forbes - 14 Mar 2023 22:45
I offer a simple legislative reform to our nation's system of deposit insurance. The legislation removes all caps on coverage while retaining the risk-pricing and capital regulation that prevent moral hazard. The upshot - deconcentration, definancialization, and reindustrialization.
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