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