SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tenchusatsu who wrote (487197)6/11/2009 3:16:46 PM
From: combjelly  Read Replies (1) of 1573200
 
"Not particularly, since the market is anything but free of regulations."

And there is a reason why that is true. Just look at what happened. For example, instruments that were totally unregulated, like the CDS market, were used for high stakes gambling. And that melted down in a spectacular fashion. When real estate regulations and requirements were loosened, that became a gambling table too. The results weren't pretty.

And, so on. Look what happened to the savings and loans when they had their regulation loosened. I could go on for a long while and further back in time. So you can't claim that the circumstances were unusual. It has happened every time it has been tried. Back in the days when it was felt that governments had no place in managing a monetary policy, the economies boomed and busted like clockwork. It was only when regulations established some degree of stability that things changed. And allowed the middle class to blossom instead of getting wiped out every decade or two.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News