Not to say I told you so, but the "Reagan Revolution" was only a
revolution in the same way the engine rotation is a revolution -- the
whole idea was to undo the banking regulation and tax system that had
protected us from market and banking collapses that happened every
couple years before the 1911 Federal Reserve creation and Anti--Trust
laws.
Obvious then, obvious now, and unregulated "capitalism" (really
unbridled speculation) breeds depressions and currency collapse like
cold fronts breed storms.
"Markets" are just people buying and selling, and they don't filter
out lies, misrepresentation, or fraud, quite the opposite.
Peter
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