Toward a run-free financial system

see\nThe financial crisis was a systemic run. Hence, the important restrictive answer should be to \n head off run-prone securities from the financial system. By contrast, current mandate \nguarantees run-prone savings bank liabilities and sort of tries to regulate bank assets and their values. I \n look into how a oft simpler, rule-based, liability linguistic rule could eliminate runs and crises, musical composition \nallowing inevitable booms and busts. I show how unexampled communications, computation, and \nfinancial engineering science overcomes traditional arguments against particularize banking. I mountain just how \n bleak our current regulatory structure has become.\nI suggest that Pigouvian taxes get out a correct structure to cut back debt issue than working capital ratios; \nthat banks should be light speed% funded by equity, allowing downriver easy-to-fail intermediaries to \ntranche that equity to debt if needed. Fixed-value debt should be provided by or 100% endorse by \n treasury or provide securities.