Quotes About Systemic risks

The Federal Reserve has a responsibility to ensure the safety and soundness of financial institutions and to contain systemic risks in financial markets.

IF A SYSTEM CAN BE EXPLOITED, IT WILL BE. ANY SYSTEM CAN BE EXPLOITED. CHAPTER

and another layer of decision making in the form of a council could inhibit rapid and effective responses to systemic risks.

there is one common theme to the vast range of crises we consider in this book, it is that excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom.