I think it would not be inappropriate if a supervisor determines that a company doesn't have the managerial or risk capacity to appropriately manage a particular activity.
Editor's note · Context
Bernanke suggests that supervisors should have the authority to restrict risky activities of companies.
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Our mission as set forth by the Congress is a critical one: to preserve price stability; to foster maximum sustainable growth in output and employment; and to promote a stable and efficient financial system that serves all Americans well…
I would argue that it is not responsible to focus all of the restraint on the very near term and do nothing about the long term.
As I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.
Large deficits in debt over a long period of time raise interest rates above levels where they normally would be and crowd out private investment and are bad for growth and productivity.





