As long as bank regulators use the risk weighted capital requirements for banks, much of Keynes’ “animal spirits” will remain caged.
http://perkurowski.blogspot.com/2016/04/here-are-17-reasons-for-why-i-b…
As long as bank regulators use the risk weighted capital requirements for banks, much of Keynes’ “animal spirits” will remain caged.
http://perkurowski.blogspot.com/2016/04/here-are-17-reasons-for-why-i-b…