Rath said:
snakenobi said:
Rath said:
Removing regulations will not fix the banking system, it will simply allow more recklessness from banks and has more potential for disaster. Removing regulation increases the risk of banks collapsing.
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you are wrong
by putting regulation a bank gets comfotable and think if they will fall will be bailed out which is corporatism
capitalism will make banks stand on their toes so they will not commit wrong practices
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Bailouts are completely seperate from regulation and should be discussed seperately.
Capitalism encourages risk taking in order to return larger profits, regulation is simply making it against the rules to take certain risks. This reduces profits but increases stability.
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yeah thats what i meant
now they have a different kind of gorvenment that is trying to regulation banks not to take risk and promote socialism