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What the study I chaired actually said was we needed tougher regulation of cash and capital in banks, as credit was too easy. Events proved that right.

我主持的这项研究实际上是说,我们需要对银行的现金和资本进行更严格的监管,因为信贷太容易了。事实证明这是正确的。

— John Redwood 韦活

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