I agree with this. I don't know if we have easy solutions left to tackle this pernicious problem. But legislating privacy definitely won't work the way people t

I agree with this. I don't know if we have easy solutions left to tackle this pernicious problem. But legislating privacy definitely won't work the way people think it will. In the past, boom and bust cycles, while causing major hardship for regular folks, would also wipe out most incumbents and monopolies, effectively resetting the economy. Modern monetary policy is designed to minimize economic shock, so that option is off the table, and has been for some time now.