The bust is worth it. This is how the market ensures people who make bad decisions get what they deserve. It's equitable is what it is. Without the bust (government interference) our society allocates resources towards inefficient and less productive ends.
People can make bad decisions without being allowed to speculate and financialize. Glass-Steagal and other restrictions on investment banking were completely justified.
We shouldn't be restricting what people can or cannot do, especially when we still allow these things but only if the people are rich enough (very unequal playing field in this regard). The government shouldn't exist to protect the public from themselves.
The "bust" part of the cycle isn't worth it either. That's my point.
The bust is worth it. This is how the market ensures people who make bad decisions get what they deserve. It's equitable is what it is. Without the bust (government interference) our society allocates resources towards inefficient and less productive ends.
People can make bad decisions without being allowed to speculate and financialize. Glass-Steagal and other restrictions on investment banking were completely justified.
We shouldn't be restricting what people can or cannot do, especially when we still allow these things but only if the people are rich enough (very unequal playing field in this regard). The government shouldn't exist to protect the public from themselves.
Nah. They can get restricted too.