Descartes Asks the Following: "How Do I Know That I

question 295

True/False

Descartes asks the following: "How do I know that I am not also deceived each time I add together two and three"? Furthermore, "If, however, it were repugnant to the goodness of God to have created me subject to constant deception, it would seem likewise to be contrary to his goodness to allow me to be occasionally deceived; and yet it is clear that this is permitted." From this Descartes concludes that "there is nothing of all that I formerly believed to be true of which it is impossible to doubt."

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Definitions:

Securitization

The process of transforming illiquid assets into a tradable form by converting them into securities.

Private Equity

Capital investments made into companies that are not publicly traded, often to finance growth, acquisitions, or restructuring.

Dodd-Frank Reform Act

A comprehensive piece of financial regulation passed in 2010 in the United States, aimed at preventing the recurrence of financial crises through increased regulation.

Capital Requirements

The minimum amount of capital a bank or other financial institution must hold as required by its financial regulator.