One way to make them more robust is to increase equity capital requirements ... A genuinely radical approach would be to kill banking as we know it. Rip all banks, large or small, in two – separate deposit-taking from credit-creation. Back the deposits one-for-one with reserves at the central bank. Then fund loans not with deposits or other money-like liabilities but by tapping investors who understand they've put their savings at risk. This approach, unfamiliar as it sounds, has a long and distinguished academic lineage. Luminaries such as Irving Fisher, Milton Friedman and James Tobin have all advocated it. – BusinessWeek
Dominant Social Theme: Get rid of these pesky banks.
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