The Dig: The Capitalist Conjuncture w/ Tim Barker
Jacobin Radio
00:00
Is There a Moral Hazard in Fed Policy?
He says Fed policy has created a moral hazard that encourages increasingly risky financial behavior. That in turn triggers more crises and thus then requires yet more intervention, he says. But on a lot of other measures, like looking at corporate and household balance sheets, there actually have been successful attempts to reduce the risk in the system,.
Play episode from 01:09:24
Transcript
