What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and counterparties know the details of a deal and have their own money on the line.
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"What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and counterparties know the details of a deal and have their own money on the line." — Tyler Cowen #moneywealth
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What the banking system needs is creditors who monitor risk and cut their exposure when that r…
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What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and counterparties know the details of a deal and have their own money on the line. — Tyler Cowen
About Tyler Cowen
Tyler Cowen was a Economist from United States (1962–present).
Frequently Asked Questions
Who said "What the banking system needs is creditors who monitor risk and cut their expos…"?
This quote is attributed to Tyler Cowen, a Economist from United States.
When did Tyler Cowen live?
Tyler Cowen lived from 1962 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.