Hacker News new | ask | show | jobs
by roenxi 1135 days ago
Politicians: "Capitalism is unstable and we need regulators to control it and promote stability."

Capitalists: "We want to make something more stable than the current system."

Regulators: "Whoa there! Hold those horses! That ain't a move in the playbook! What will these madmen think of next, a full reserve bank? Shut that scheme down now!"

The 3 act play making sure the system is safe unprincipled men since ... I dunno, maybe forever. I doubt this Texan scheme will have a long life either.