Steven Cechetti and Kermit Schoenholz maintain a well-known blogMoney and Banking.Read theirposton Narrow Banking. Do they think
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Question:
- Steven Cechetti and Kermit Schoenholz maintain a well-known blogMoney and Banking.Read theirposton Narrow Banking.
- Do they think narrow banking will work as suggested by Kotlikoff and others?
- What do they cite as the key problem with Narrow Banking? Can you think of any reasonable counter to their identified problem?
- https://www.moneyandbanking.com/commentary/2014/4/28/narrow-banks-wont-stop-bank-runs
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