Monday, July 10, 2023
HomeInvestingLibertarian's (Sudden) View on the Bailout of the Banking System - Ep...

Libertarian’s (Sudden) View on the Bailout of the Banking System – Ep 186



Bailouts of the banking system create social stress. Ultimately, bailouts introduce a lot danger into the system that failures and bailouts turn into too expensive for the society to bear, authorities creates draconian guidelines making an attempt to stop them in future, which in flip kills innovation and the formation of recent companies, and the result’s a stagnating financial system.

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