The
The Financial Stability Board
The FSB lists a few dozen global systemically important financial institutions. Disagreement in this new postmodern world seems to center on better working definitions of systemically important, questions of process and authority as to who shall make the final determination, and quibbles about specific entities and their designations. Only a few bother to ask whether this entire approach is useful or not. And essentially nobody considers the possibility of complete deregulation of the banking sector, including allowing competing currencies.
Let's take a
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