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Both organizations started raising fee rates in 2008 during the housing crisis, as foreclosure costs rose.
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In fact, most continue merrily raising fees regardless.
And raising fees makes it less attractive to new participants".
In the long run, raising fees will drive liquidity off the exchange.
In previous downturns, banks could make up the missing profits by raising fees.
Some Pentagon officials and military advocacy groups have suggested alternatives to raising fees that could cut costs.
"The airline industry is chopping service, giving customers less support, while raising fees and fares," he said.
The I.M.F. has suggested a variety of austerity measures, including politically unpopular steps like raising fees for residential heating.
Dimon is also protecting his firm by raising fees in areas that the law doesn't reach.
A graduate tax would also leave universities largely reliant on state funding, whereas raising fees would boost their financial independence.
The airline is also raising fees for checking special items, like surfboards, as well as luggage beyond two bags.
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