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

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

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