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Mar 14 2023

Universal Deposit Insurance: The Federal Deposit Insurance Completion Act Of 2023 Forbes – Markets

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original entryUniversal Deposit Insurance: The Federal Deposit Insurance Completion Act Of 2023 Forbes – Markets

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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. Read More

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