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The FCA proposed limiting leverage to 25:1 in a customer's first year of trading and 50 1 for more experienced consumers.
What if financial regulators had taken extensive steps to prevent capital inflows from generating booming credit growth, by sharply limiting leverage?
On the F.D.I.C. board, the strongest voices for limiting leverage by big banks have been the two Republican appointees, Thomas Hoenig and Jeremiah Norton.
A more volatile environment could be more effective at limiting leverage than any regulatory requirement.Provoking a recession every seven years will probably never be a policy goal.
Of course, they shouldn't act in every circumstance, but when we see volatility and speculation as is the case of gold, acting to curb these forces through limiting leverage in cooperation with international regulators would be a prudent course.
We can look at countries that avoided the worst, like Canada, and ask what they did right — such as limiting leverage, protecting consumers and, above all, avoiding getting caught up in an ideology that denies any need for regulation.
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But Washington has limited leverage.
But the most important first step is to limit leverage.
But as the ceremonies here last week suggested, outsiders often have only limited leverage.
Is it practical to limit leverage in a global capital market?
President Obama and his administration have pushed aggressively for it, but they have limited leverage.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com