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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
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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).

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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.