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By this argument, government is responsible for anything that ever happens in society. Which to me doesn't sound right, unless you're talking about some kind of
by js8 6y ago
By this argument, government is responsible for anything that ever happens in society. Which to me doesn't sound right, unless you're talking about some kind of totalitarian regime. The asset bubbles happen in other economies, too, so they cannot be explained away only by removing Glass-Steagal.
- AnimalMuppet 6y agoThe asset bubbles not happening from 193x (whenever it got passed) to 200x (whenever it got repealed) maybe can be explained by Glass-Steagal, though...