Desire for Safety Has Made the Financial World Risky [View article]
Good article. Great comment by another poster that said the net effect of financial regulation was to get the flies to trust the spiders.
Excess liquidity creates situation of more money chasing less opportunities. Worse and worse investments made as an example. Answer isn't more regulation on whats a fair investment, answer is less liquidity.
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Good article. Great comment by another poster that said the net effect of financial regulation was to get the flies to trust the spiders.
Aug 08 12:40 pm
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All Comments by Austrian School »Desire for Safety Has Made the Financial World Risky [View article]
Excess liquidity creates situation of more money chasing less opportunities. Worse and worse investments made as an example. Answer isn't more regulation on whats a fair investment, answer is less liquidity.