If a fellow grandfather told me a story about an uncle of his being eaten by cannibals, would I be concerned?
No! I’d be silent, as I expect he would be if I came up with similar remembrances.
But what if that colleague was a candidate for president of the USA? 🤔

Regulators gave banks incentives to feed the economy much more with what’s “safe” (carbs), than with what’s “risky” (proteins).
Any private sector financial misconduct that, in terms of hardships produced & opportunities negated, can come close to that? 🤔
x.com/PerKurowski/st…

Regulatory de-risking can cause dangers to explode in Minsky moments.
April 2003, as an Executive Director of the World Bank, I opined:
“Nowadays, when information is just too voluminous and fast to handle, market or authorities have decided to delegate the evaluation of it into…

#Venezuela
“Sólo en la unión puede estar la solución.
¿Cómo lograrlo? 🤔
No limitándonos a ofrecerle al país una puerta de escape, un retorno a la mediocridad, sino buscando rescatar la capacidad de soñar, mostrándole una puerta de entrada a algo grande.”
radicaldelmedio.blogspot.com/2002/09/mea-cu…

#AI #OpenAI #ChatGPT : Can regulatory risk aversion affect development? 🤔
'Yes, the risk aversion embedded in risk-weighted bank capital/equity requirements can potentially hinder the development of developing nations.” 😰
perkurowski.blogspot.com/2023/05/ai-ope…

Any law professor in America who keeps silence on the ongoing prosecution of Donald Trump in New York is, for his own historic record, opining that everything is A-OK in the good ole USA.
When his grandchildren grow up, what are they going to think of him?
perkurowski.blogspot.com/2006/07/red-an…

For decades, economy and finance professors, and financial journalists and gurus, kept silence on banks feeding the economy more with carbs, like public debt and residential mortgages than with proteins, like loans to small businesses and entrepreneurs. 😡
x.com/PerKurowski/st…

Borde inte ekonomiska vetenskaper dra nytta av att på något sätt betrakta bankkrediter som ekonomins näringsämnen? 🤔
T.ex. offentliga skulder & bostadslån som kolhydrater; och lån till småföretag & entreprenörer som proteiner.
Nobelpristagare; åsikter? 🤔
x.com/PerKurowski/st…

Should not economic sciences benefit somewhat from somehow considering bank credits as the economy’s nutrients? 🤔
E.g., public debt & residential mortgages as carbs; and loans to small businesses & entrepreneurs as proteins.
Nobel Prize winners; opinions?
x.com/PerKurowski/st…

#AI #ChatGPT #OpenAI
When banks are allowed to hold less capital/equity/shareholder’s skin-in-the game, does that diminish the risks of banking, or does that just shifts the risks to be shouldered by other? 🤔
subprimeregulations.blogspot.com/2023/12/ai-cha…

The strongest A.I. can be weakened by its programmers and or regulators. 😡
It behooves us citizens to be very alert, and to react strongly and swiftly, when we start seeing something fishy going on.
perkurowski.blogspot.com/2023/09/ai-cha…

Those totally silent about higher bank capital/equity/shareholders’ skin-in-the-game, against loans to those who perceived risky already got less credit and paid higher rates; what do they know about equal opportunities; about fighting against inequality?
x.com/PerKurowski/st…

Development economists silent about regulations that incentivize banks to hold more than a risk-adjusted share of government debt & residential mortgages; and a lesser one of loans to small businesses & entrepreneurs, are they worthy of their job title? 🤔
x.com/PerKurowski/st…

Basel Committee regulations, incentivize banks to hold more than a risk-adjusted share of government debt & residential mortgages; & less of loans to small businesses & entrepreneurs.
@ElonMusk Javier Milei
Do those silent on it really champion free-markets? 🤔
x.com/PerKurowski/st…

#CPI
#Inflation , by using the Consumer Price Index is calculated based on actual consumption.
But, what would the inflation be, if calculated based on the products and services consumers no longer can afford to buy? 🤔😰😡
twitter.com/PerKurowski/st…

We your technocrats, we know Americas’ politicians and bureaucrats know better what to do with credit for which repayment we’re not personally responsible for, than you, America’s small businesses entrepreneurs.
Is that not a real “threat to democracy”? 😡
subprimeregulations.blogspot.com/2013/11/have-r…

#MAGA ?
With bank regulations de facto implying, Americas’ politicians & bureaucrats know better what to do with credit for which repayment they’re not personally responsible for, than its small businesses & entrepreneurs, can you Make America Great Again?
subprimeregulations.blogspot.com/2013/11/have-r…

If you feed the economy with too much carbs, and too little proteins, what could happen to #productivity ?
x.com/PerKurowski/st…

Current risk weighted bank capital/equity requirements, de facto imply bureaucrats know better what to do with credit, for which repayment they’re not personally responsible for, than e.g., small businesses.
How much is that evidenced by reality? 🤔
subprimeregulations.blogspot.com/2023/06/ai-cha…

Why do scientists keep silence on the absence of absolutely essential research? 🤔
Could it be that: “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” Upton Sinclair Jr. 😡
twitter.com/PerKurowski/st…