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C l i c k t o e d i t M a s t e r t i t l e s t y l e L e s s o n 1 : M a t u r i t y M i s m a t c h

  • Capital ratio/leverage ratios do not capture the aspect that overnight borrowing became so prominent

Shift focus to

    • Maturity mismatch

    • Market liquidity of assets

  • Should very short-term withdrawal in certain retirement accounts be prohibited to avoid savers’ rat race phenomena?

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