Kashkari: We Can't Eliminate Risk of Financial Crisis

The video discusses the importance of providing the public and elected representatives with the necessary information and analysis to evaluate progress in ending 'too big to fail'. It highlights the need to understand remaining risks and explore options to enhance the safety of the US financial system. While regulations can make the system safer, they come with costs, such as potentially slower economic growth. Ultimately, the public must decide the level of safety they desire and the price they are willing to pay to protect society from future financial crises.

What is the primary responsibility of the public and their representatives regarding financial safety?

• To create new financial regulations

• To assess progress in ending 'too big to fail'

• To manage financial institutions

• To invest in the stock market

What is the main focus of the second section of the video?

• Analyzing the role of technology in finance

• Discussing the history of financial systems

• Exploring options to enhance financial safety

• Understanding the benefits of financial crises

What is a potential downside of increased financial regulations?

• Increased unemployment

• Slower economic growth

• Decreased foreign investment

• Higher inflation rates

Who ultimately decides the level of safety in the financial system?

• Government agencies

• International organizations

• Financial institutions

• The public

What must the public consider when deciding on financial safety measures?

• The cost of implementing safety measures

• The impact on global trade

• The role of technology in finance

• The history of financial crises