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— George Osborne"If you want to change the way your banking system is regulated, if you want to learn the mistakes of what's gone wrong, then you have to change your government."
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Is this complicated, risky [banking] system the best we can have?
— Anat R. Admati
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Essentially, not only do we believe in this myth of 'de-risking', but it has become the one overriding goal; de-risking above growth, de-risking above innovation, de-risking above everything else. And we've reached the point where the Fed is using $70 Billion a month to 'de-risk' a largely insolvent banking system. And this can only end badly. The idea that you can do capitalism without risk is ridiculous on its face.
— Andreas Antonopoulos
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