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? asked in Politics & GovernmentPolitics · 2 years ago

You think you shouldn't make more banking regulation so there is more competion, but if the economy always crashes, do you don't?

Update:

But the economy will crash if there is no banking regulation, and there will still be more competition, but will you still believe there should be no banking regulation?

3 Answers

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  • Jeffrey
    Lv 7
    2 years ago

    It sounds like you are in favor of the government picking winners and losers. I think that's a bad idea.

  • Anonymous
    2 years ago

    to prevent another crash we should bring the back Glass - Stegull Act word for word .

  • Judy and Charlie
    Lv 7
    2 years ago

    We learned this lesson in the last century:

    BANKS NEED TO BE REGULATED BY LAW AND THEY MAKE PLENTY OF MONEY OFF THEIR OWN FEES.

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