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The kind of protection people want: their in high-risk investments being protected as if they were in low-risk investments. They also want to eat cakes but stil
by pessimizer 4y ago
The kind of protection people want: their in high-risk investments being protected as if they were in low-risk investments. They also want to eat cakes but still have those same cakes.
- dchftcs 4y agoI'm often on board with this sort of criticism of populist finance regulation but it is a bit nuanced. One problem retail voices tend to highlight is that institutions that take stupid risks can get bailed out for being too big to fail, while "the little guy" taking the same risks would have little help. They don't apply to all situations, and your criticism is somewhat valid for many crypto cases, but between crypto and traditional finance it's true that regulators can be too heavy-handed on some areas in crypto while being a lot more lenient on say people who run a company to ground in a leveraged buyout.