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HomeValue InvestingLibertarian's (Sudden) View on the Bailout of the Banking System - Ep...

Libertarian’s (Sudden) View on the Bailout of the Banking System – Ep 186

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Bailouts of the banking system create social pressure. Finally, bailouts introduce a lot danger into the system that failures and bailouts grow to be too pricey for the society to bear, authorities creates draconian guidelines making an attempt to stop them in future, which in flip kills innovation and the formation of recent companies, and the result’s a stagnating economic system.

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