Historical Perspectives On the Size of Recent Bank Failures
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Several years ago, I wrote an op ed and a policy brief to make the point that political discourse sometimes focuses on the “record profits” in banking, when from an economic point of view, nominal dollar values lose their meaning if you don’t account for inflation and you may want to scale by firm equity or assets.
Historical Perspectives On the Size of Recent Bank Failures
Historical Perspectives On the Size of Recent…
Historical Perspectives On the Size of Recent Bank Failures
Several years ago, I wrote an op ed and a policy brief to make the point that political discourse sometimes focuses on the “record profits” in banking, when from an economic point of view, nominal dollar values lose their meaning if you don’t account for inflation and you may want to scale by firm equity or assets.