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Re: Cleaning out the lockers. for good.
Author: Keith Ode
Date: 01-08-2020 - 17:15
Dr Zarkoff Wrote:
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> While we're at it, lets get rid of the SEC and
> allow stock market pools again.
No thanks. Trying to thread the fine economic line between liberalism and capitalism is as much mental gymnastics as I'm willing to partake in. But repealing Glass-Steagall and enacting Dodd-Frank, allowing the Federal Reserve to act as a piggy bank for the financial sector will be far more damaging in the long run.
> China is a past master of devaluating paper money.
They have to be after nearly 4,000 years of civilization and the progenitors of paper money a millennia ago.
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> While we're at it, lets get rid of the SEC and
> allow stock market pools again.
No thanks. Trying to thread the fine economic line between liberalism and capitalism is as much mental gymnastics as I'm willing to partake in. But repealing Glass-Steagall and enacting Dodd-Frank, allowing the Federal Reserve to act as a piggy bank for the financial sector will be far more damaging in the long run.
> China is a past master of devaluating paper money.
They have to be after nearly 4,000 years of civilization and the progenitors of paper money a millennia ago.
