“The Chicago Plan could significantly reduce business cycle volatility caused by rapid changes in banks’ attitudes towards credit risk, it would eliminate bank runs, and it would lead to an instantaneous and large reduction in the levels of both government and private debt. It would accomplish the latter by making government-issued money, [..] while banks concentrate on their strength, the extension of credit to investment projects that require monitoring and risk management expertise.”
Het Chicago Plan, een gemiste kans
Lees dit IMF-onderzoek over een monetair hervormingsvoorstel dat bankruns zou kunnen voorkomen.
