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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: John Carragher who wrote (77401)4/8/2008 4:25:51 PM
From: mishedlo  Read Replies (2) of 116555
 
Misguided Calls For Activism
globaleconomicanalysis.blogspot.com

Calls for activism are coming from nearly every corner. Some are openly calling for activism, but equally dangerous, perhaps even more dangerous, are those who are calling for more regulation instead of addressing the root problems. The cure is not more regulation which is in reality nothing more than activism in disguise, but less Fed and less government intervention into free markets. Mission creep is the problem and the only way to end mission creep is to stop misguided missions before they start, not heap more regulation on them.

Mish
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