Some tax relief from the IRS, courtesy of inflation
Because of the size of inflation these days, the IRS has had to make bigger adjustments than usual – which could be helpful. We talk bank runs with Philip Dybvig, one of the winners of the Nobel Prize in Economic Sciences.
Professor Philip Dybvig, co-winner of this year’s Nobel Prize in Economic Sciences, co-authored a seminal paper on how deposit insurance can help prevent financial crises.