On democratizing financial knowledge

March 20, 2018

We have let finance to those who know about it. We should, though, discuss the details of the financial fabric around us and push it into political agenda.

It will be ten years after Lehman went bust this fall. There are many thoughts about this. One of my reocurring ones is: Do we know what happened? And with that I don’t mean “we”, the ones who are interested in repos, liquidity coverage ratios, financial-stability-currency-swap kind of nerds, but normal people, who have not as a job to read research or finance related literature on a frequent basis.

On democratizing financial knowledge