Posted by & filed under Company Analysis, Financial analysis, Governments & Regulators, Growth & Valuation, Industry Analysis, Management Issues.

Description:  “I’m going to start with a model of a perfectly safe 100 percent reserve economy,” said Robert Lucas, “…which looks better and better to me.” Lucas, a Nobel Prize-winning economist at the University of Chicago, was speaking two weeks ago at a panel in San Diego to mark the 100th anniversary of the Federal Reserve. It’s a fairly radical place to start.


Date: Jan 25, 2013


Questions for Discussions:

  • What is inside and outside money?
  • What is the relationship bewteen banks and the Federal Reserve in terms of the creation of money?
  • How would stricter rules for banks change their business models?
  • Do you think this would be good or bad for the economy as a whole?


Leave a Reply

Your email address will not be published. Required fields are marked *