i am not convinced that we do
we had fannie and freddie, and they were forcing banks to loan to impecunious borrowers
government regulators have no incentive to fix a problem, they have every incentive to perpetuate it in order to justify their employment
i don't think a lack of regulation was the cause of the GFC
how exactly will regulations stop bailouts?
it was the government, not the free market that handed out the bailouts
we had fannie and freddie, and they were forcing banks to loan to impecunious borrowers
government regulators have no incentive to fix a problem, they have every incentive to perpetuate it in order to justify their employment
i don't think a lack of regulation was the cause of the GFC
how exactly will regulations stop bailouts?
it was the government, not the free market that handed out the bailouts