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"I thought one of the characteristics of a bubble -- almost a pre-requisite -- was for the money of the general public to be flowing in." The recent US "JOBS"
by jonhendry 14y ago
"I thought one of the characteristics of a bubble -- almost a pre-requisite -- was for the money of the general public to be flowing in."
The recent US "JOBS" bill included "Loosening regulations on small businesses that wish to raise capital, including through crowdfunding, while retaining investor protections." aimed at getting more of the general public's money flowing into early-stage ventures.
Given its timing, it likely hasn't played a role in the bubble to date, but it's clear that those behind that language in the bill want to inflate a bubble.