Panic-proofing, not preventing bubbles, should be focus of U. S. financial policy

Complicated new regulations added to complicated old regulations won’t protect the United States’ financial system from frightening crashes like that experienced in 2008, says a professor who helped the Obama administration pull the financial sector out of that morass. Instead, “a much simpler and more surgical approach is needed,” the professor says.

from Top Health News -- ScienceDaily http://ift.tt/24HugUe

Mia M.L. Bryant

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