Re: Stupidi Uomini Bianchi ¶
By: XTOL on Venerdì 25 Agosto 2017 18:56
YELLEN: ANY CHANGES TO FINANCIAL REGULATIONS SHOULD BE `MODEST'
sì, sì. infatti:
When it erupts, you can bet your bottom dollar that the consensus will blame markets, hedge funds, lack of regulation and not enough intervention. Perennial intervention mistakes are “solved” with more intervention. Government won on the way up, and wins on the way down. Like a casino, the house always wins.
Meanwhile, the famous structural reforms that had been promised disappear like bad memories.
It is a clever Machiavellian system to end free markets and disproportionately benefit governments through the most unfair of competitions: having unlimited access to money and credit and none of the risks. And passing the bill to everyone else.
If you think it does not work because the government does not do a lot more, you are simply dreaming.