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Willem Buiter

Public Figure

15 Opinions

About Willem Buiter

Willem H. Buiter was a member of the Bank of England's Monetary Policy Committee from June 1997-May 2000. He joined the London School of Economics as a chair in the European I...[Wikipedia]

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Willem Buiter - Business

[197,489 opinions•446 issues ]

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The federal government should pass the proposed $700 billion financial system bailout.

Argues the House should have passed the bailout bill the first time or at least proposed and passed something very similar

posted by jas225Approved 11/18/2008 7:49 PM

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Willem Buiter
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The 2008 financial crisis will not lead to another economic depression.

Thinks the passage of the bailout will help avoid the next Great Depression

posted by jas225Approved 11/18/2008 12:47 PM

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Willem Buiter
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Congress should not increase the cap on federally insured bank deposits.

"The increase in the insured deposit limit is a bad idea."

posted by jas225Approved 11/17/2008 6:38 PM

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Willem Buiter
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Mark-to-market accounting should not be suspended.

No suspension or watering down of mark-to-market valuation of bank assets

posted by jas225Approved 10/31/2008 12:46 PM

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Willem Buiter
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Governments should not infuse capital directly into failing banks as part of their response to the financial crisis.

Would dangerously increase the total capital of the banking sector and would continue the nationalisation of the banking sector

posted by jas225Approved 10/31/2008 12:46 PM

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Willem Buiter
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AIG should have been bailed out by the federal government.

"...if there ever was a case for applying the precautionary principle in economic analysis, then this is it."

posted by jas225Approved 9/22/2008 2:06 PM

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Willem Buiter
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Lehman Brothers should not have been bailed out by the federal government.

"If the US Treasury...were to offer financial support for a resue of Lehman...the floodgates could open and the fiscal-financial positions of the US Federal government could be materially affected."

posted by jas225Approved 9/19/2008 6:14 PM

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Willem Buiter
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The SEC should not strengthen regulations on short selling.

There is nothing wrong with a naked short position per se

posted by jas225Approved 9/11/2008 3:51 PM

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Willem Buiter
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Fannie Mae and Freddie Mac should be nationalized.

"Fannie and Freddie ought to have been nationalised."

posted by TrishApproved 7/18/2008 3:10 PM

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Willem Buiter
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Recessions are necessary for sustained economic growth.

"To fix it a slowdown is well-nigh inevitable and a recession is likely to be necessary."

posted by TrishApproved 7/10/2008 10:53 AM

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Willem Buiter
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The Federal Reserve should not have more authority to supervise financial institutions.

"Recipe for increasing financial instability."

posted by TrishApproved 4/28/2008 3:10 PM

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Willem Buiter
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The economic benefits of a weak U.S. dollar do not outweigh the costs.

Our currency and our problem

posted by TMassApproved 3/3/2008 10:21 PM

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Willem Buiter
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