The liquidity crisis that occurred in 2008 brought the world banking system near collapse. Therefore central banks had to step urgently and massively in the money market in order to supply banks with liquidities and they were constrained to buy assets of dubious quality. Dominique Hoenn considers that the ongoing reforms of the banking system will not be sufficient to prevent the occurrence of another financial crisis with its economic consequences. To avoid such a situation, he recommends that commercial banks and central banks set up a list of assets that would be eligible to the refinance the banks in order to secure a sound financing of the economies. This would have to be done once the current crisis is over.