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by chroem- 2226 days ago
> Are you suggesting companies really should keep 6 months of operating capital in the bank?

That's exactly what we're suggesting. Rather than going through this whole song and dance at least once a decade where the public has to bail out private business ventures, those private businesses should be able to fend for themselves against regular economic disruptions. This bailout and QE money isn't free and it comes with costs of its own. It would be better for the stability of the whole system if these companies could fund their own operations the next time there is a disruption.

1 comments

What makes you think that the costs that trcollinson describes would be worth the benefit of "the stability of the whole system if these companies could fund their own operations the next time there is a disruption"?