UofSC's Berger on Banking Turmoil, Policy

The video discusses the recent issues in the banking sector, focusing on bank failures, regulatory and supervisory errors, and the need for stress tests. It emphasizes the importance of reinstilling confidence in the banking system and providing liquidity during crises. The impact of technology on small banks and depositor behavior is highlighted, along with the role of monetary policy in financial stability. The video suggests that while monetary policy should focus on inflation and economic growth, other tools like supervision and regulation should address financial stability.

What measures does the speaker suggest to instill confidence in the banking system?

What are the implications of providing elevated deposit insurance as discussed in the text?

In what ways does the speaker believe that supervision could have prevented the banking crisis?