When silencing my criticism of the distorting risk-weighted bank capital requirements, who were the Financial Times favouring?

Sir, Bilal Khan correctly explains in his letter some of the sad consequences of risk-weighted capital requirements, “Bank's reluctance on private lending is rational” June 11.

And Khan writes “We must ask ourselves why we continue with a regulatory system that failed to ensure any semblance of stability during the financial crisis… and now renders unorthodox monetary efforts to stimulate growth largely ineffective”

Well if Mr. Kahn would enter my blog TeaWithFT and review the several hundreds of letters that over many years I have sent the Financial Times on precisely this issue, he would have to conclude that one of the reasons we are beginning to hear about this problem only now in May-June 2014, is that the Financial Times decided to silence my voice of protest in order to favour… I do not who?

Just think of all the hundred thousands of bank loans that over this period could have been given to medium and small businesses, to entrepreneurs and start-ups, if only FT had helped me to argue on its pages about how immoral and outright stupid it is to distort the allocation of bank credit by discriminating against those whose access to bank credit is already sufficiently difficult because of being perceived as “risky”… and that even though no bank crisis ever has resulted from too much bank exposure to what was ex ante correctly or incorrectly perceived as being risky.

PS. I am sure the censuring treatment given to me must have made many of FT’s journalists quite uncomfortable.