Haven't posted one from Karl in ages. As you can guess, I agree with most of his views. He correctly notes the Fed is also in the bed. He doesn't go quite far enough here, though. Regulation of risks to the commons and the public require both laws *and* enforcement by competent bureaucrats. As we've got the best gov't money can buy, systemic change isn't in the cards anytime soon. The laws involved (for ex. the Fed audit bill) are pablum by the time the voting begins.
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