Now we are aware that the Great Recession was caused due to risky investments from mortgage backed securities, collateralized debt obligations, credit default swaps, and extreme leverage on all of these types of investments. But the recession has dragged on for 4 years! Do we need bank deregulation so we can grow?? Or is current regulation good enough which requires banks to hold cash reserves?Is it time to be more careful or to take more risks? Bernanke is cautious of a double dip recession.
-Banks investing more money = prosper
-Banks keeping more capital reserves= security
-Banks investing more money = prosper
-Banks keeping more capital reserves= security
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