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Banking, Debt, and Fiscal Insanity with William Isaac


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On this episode of Reaganism, Reagan Institute Director Roger Zakheim sits down with Mr. William Isaac who served as the Chairman of the Federal Deposit Insurance Corporation (FDIC) from 1981-1985. They discuss the ongoing federal budget and debt crisis and the role that the FDIC plays in protecting American’s financial security.

Table Of Contents:
0:00 Seeing How The Process Works
4:55 First, But Not Last, Failure
8:18 Addressing Failure and Risk
14:48 Combatting Inflation
18:36 It Doesn’t Take a Lot of Brains…
24:05 Pointing Fingers
31:52 2023 Debt Ceiling Showdown
38:22 Having Enough Money
41:20 Avoiding Moral Hazards
49:09 Lightning Round

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