Douglas Diamond explains why incentivizing banks to hold extra liquid assets could prevent bank runs, and shows how new liquidity regulations can be improved.
Congratulations to Dr. Diamond, along with Philip Dybvig and Ben Bernanke, for winning the 2022 Nobel Memorial Prize in Economic Sciences. For how dry it may seem, banking is truly interesting. Great lecture.
Nobody talks about why the banks are doing what they are not supposed to risk the life and the limb to make more money？ Is it nature of bank existing in the first Place?
Congratulations to Dr. Diamond, along with Philip Dybvig and Ben Bernanke, for winning the 2022 Nobel Memorial Prize in Economic Sciences. For how dry it may seem, banking is truly interesting. Great lecture.
Nobody talks about why the banks are doing what they are not supposed to risk the life and the limb to make more money？ Is it nature of bank existing in the first Place?