In my previous three posts, I described what I believe needs to be done to reform our
In fact, it will make problems bigger in the long term.
The four major deficiencies of Dodd-Frank are:
- The consumer compliance segment of the law is not about consumer compliance, it is about credit allocation. This is a fundamental move toward statism. If the government wants to control the economic system, the most effective way to do so is to control the allocation of credit and capital...
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