Liu Jie/Xinhua/Getty Images Paul Constant is a writer at Civic Ventures, a cofounder of the Seattle Review of Books, and a frequent cohost of the "Pitchfork Economics" podcast with Nick Hanauer and David Goldstein. In this week's episode of Pitchfork Economics, Hanauer and guest cohost Jessyn Farrell spoke with Anat Admati, a finance professor at Stanford's Graduate School of Business, on how banking is regulated in the US. Admati says it's natural for elected leaders to create more safety nets to make banking safe for American consumers. The concept of government 'deregulation' won't result in less regulations, Admati explains, but instead will allow banks to create their own regulations that can be prone to negligence and fraud.