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0 sats \ 0 replies \ @02c42fc294 17 May \ on: US set to cut capital requirements for banks econ
Well, what did we expect when we deregulated everything? Governments and regulation are there to reign in the excesses of free markets (they literally are the only thing preventing monopolies long term), so if we deregulate we allow abusive and extractive behavior. And abusers get used to it and block any move in the other direction
Eventually the pendulum will swing back.