Six money and banking experts offer their initial reactions to the Silicon Valley Bank debacle.

Financial regulation lies at the core of sound inflation management. Accordingly, progressives seeking to turn the page on the past few decades of failed macroeconomic policymaking should not hesitate to bring the full scope of financial regulatory tools to bear in the pursuit of just price stability.

NB: This post is part of the “Piercing the Monetary Veil” symposium. Other contributions can be found here. Money and property law are mutually constitutive. Property rights are defined and valued in terms of their relationship to monetary instruments, while whether something counts as a monetary instrument for this or that purpose is itself a…