2 ms·
No law of nature says government should use tax money or print money to fund failing banks. Doing so is centrally planning banking, and almost be definition les
by jeofken 6y ago
No law of nature says government should use tax money or print money to fund failing banks. Doing so is centrally planning banking, and almost be definition less efficient, just like central planning of any market (such as currency markets by way of central banking)