Marking to market is a good idea, but beware of the unintended consequences of good ideas.
This article makes the same point, and many others (about Fannie and Freddie, about the repeal of Glass-Steagall), very well.
My excellent Conversation with Chase Koch
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Here is the audio, video, and transcript. Here is part of the episode
summary: Chase and Tyler discuss if any of his father’s lessons never
stuck, the g...
3 hours ago
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