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> I generally take a dim view of regulators, who generally seem to have less expertise than the people they're regulating. The thing that always worries me is
by waqf 10y ago
> I generally take a dim view of regulators, who generally seem to have less expertise than the people they're regulating.
The thing that always worries me is — if we try to prevent the "revolving door" whereby regulators hire from the industry they're regulating, then how will we ever have regulators who know what they're doing?