If the government credibly commits that it will no longer bail out large financial institutions (eliminating the 'too big to fail' doctrine), financial institutions would immediately become more prudent in their lending and risk-taking behavior.
causalpending
Speaker
Donald BauerEvidence Quote
“If that statement were made and if it were believed, that's an important part. It has to be believed. It has to be a credible claim. then the financial institutions, the banks would immediately become more prudent than they currently are.”
Created: 8/11/2026, 7:16:28 AM
My Notes
Loading notes...