After all, the tasks of monetary policy are considerably different from those of
containing systemic risk, even though they are related.
Maintaining the stability of the financial system and
containing systemic risk that may arise in financial markets
Not exact matches
Such an outcome could prove to be a classic unintended consequence: Morneau's reforms — meant to reduce or
contain the accumulated
risk created by precipitously over-leveraged homebuyers — may unwittingly increase the overall
systemic risk in the economy by driving red - lined borrowers to the sort of uninsured subprime mortgages that have proliferated in the shadow banking sector.
All of these were large enough in their own right to be minor crises, and they sent measures of
systemic risk up for a while, but ultimately, they were self
contained, because market players with strong balance sheets picked up the pieces from failed players, and earned a reasonable return off them after buying up the «toxic waste» at fire sale prices.
Yet this is not without
risk considering the recent recall of pet food
containing toxic levels of Vitamin D that caused
systemic calcinosis in cats.