The Bankers' New Clothes Quotes

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The Bankers' New Clothes: What's Wrong With Banking and What to Do About It The Bankers' New Clothes: What's Wrong With Banking and What to Do About It by Anat Admati
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“Lending dollars to the U.S. government is essentially riskless because the U.S. government can always pay such debts. If necessary, the Federal Reserve can print dollars to pay the debt.”
― Anat Admati, The Bankers' New Clothes: What's Wrong with Banking and What to Do about It - Updated Edition
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