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Deregulation didn't cause this mess... the fact that companies knew they could make ill-advised loans and get bailed out if things went sour is what led to this. They knew the government would bail them out. The problem is our current trend of corporate socialism.
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“It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.”
- Murray N. Rothbard
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