3  Group of Thirty (2009), p. 21. For an incisive account of measures to deal with the TBTF problem, see the 2009 speech by my Federal Reserve Board colleague, Daniel K. Tarullo (2009), “Confronting Too Big to Fail,” speech delivered at the Exchequer Club, Washington, D.C., October 21.
In  this regard, the relative incentives across sectors and industries  engendered  by  the  various  policies  and  instruments w ill have an impact on the rate of economic grow th, in other w ords, the pace of increase in national w ealth and living standards.