Sunday, October 16, 2016

Brad wording kicks over a thought bucket now it's liberated

"The continued existence of a substantial equity return premium implied that there was a substantial market failure involved in the difficulty financial markets had in mobilizing anything like society’s total potential risk bearing capacity"

Yes !

Capitalist markets fail to fully socialize " risk "
Capitalist   Society bares too little risk !

Enter he unitary dome of decentralized funding and holding

The Rubinite ventured solution

"Largely unregulated financialization and experimentation 
might well produce 
substantial benefits in making the mobilization of such risk bearing capacity easier. "

Bolstered this boast by this poppy cock

" there were few risks generated by such benign neglect of systemic financial risk 
because of the power of the Federal Reserve’s monetary policy tools"