His book "Freefall" is incredibly good. It gives all the detailed policy recommendations, which would make all the difference to getting us out of this mess and prevent future crises. There is no other way than to re-introduce comprehensive financial services regulation. It's the stripping away of the regulatory framework which led to the crisis.
@gggjjj44 its regulations, government intervention and special interest that caused the problem. We are not supposed to have a fiat currency regulated and controlled by the federal government via fractional reserve banking. It sets the precedent that whenever there is a problem we can just borrow or print or loan our way out of it. And then this kind of stuff happens. We dont need any patchwork. Its just more of the same thing that began the problem in my view. We're about to inflate.
fun.
really12345 1 year ago
USA needs new industries...
mrmaciejm 2 years ago
he talks about all the problems and never talks about the real sollutions< or the roots of what actually cause the problem
TopSideUp 2 years ago
Well the interview wasn't 3 minutes obviously
shalylol 2 years ago
no, it was much longer, and all he talks about is patchwork, no solutions, nothing about what causes the problems
TopSideUp 2 years ago
@TopSideUp
His book "Freefall" is incredibly good. It gives all the detailed policy recommendations, which would make all the difference to getting us out of this mess and prevent future crises. There is no other way than to re-introduce comprehensive financial services regulation. It's the stripping away of the regulatory framework which led to the crisis.
gggjjj44 1 year ago
@gggjjj44 its regulations, government intervention and special interest that caused the problem. We are not supposed to have a fiat currency regulated and controlled by the federal government via fractional reserve banking. It sets the precedent that whenever there is a problem we can just borrow or print or loan our way out of it. And then this kind of stuff happens. We dont need any patchwork. Its just more of the same thing that began the problem in my view. We're about to inflate.
TopSideUp 1 year ago
how sad...usa is going down
mehdan2 2 years ago
Stiglitz is the bomb.
WadeBlazingame34 2 years ago 9
@WadeBlazingame34 No, he needs to be killed.
BrettDunbar 8 months ago