To ask today’s regulators to save us from tomorrow’s crisis using yesterday’s toolbox is to ask a border collie to catch a Frisbee by first applying Newton’s law of gravity.
–Andrew Haldane, Executive Director for Financial Stability of the Bank of England, as cited this morning on Bloomberg Television
Notable and Quotable
–Andrew Haldane, Executive Director for Financial Stability of the Bank of England, as cited this morning on Bloomberg Television