All posts made by Gargulan in Bitcointalk.org's Wall Observer thread



1. Post 7729652 (copy this link) (by Gargulan) (scraped on 2020-04-04_Sat_12.58h):

Quote from: JorgeStolfi on July 08, 2014, 05:50:30 AM
No.  That's crony capitalism.  Laissez-faire economists oppose crony capitalism.  Please educate yourself here: http://en.wikipedia.org/wiki/Crony_capitalism
Thank you, but I lived in the US 13 years starting with Reagan's election.  I have seen it happen in real time. And I have seen that here in Brazil too, before and after that. It was deregulation, not government intervention, that created the monster banks and all economic crises since then. 


Deregulation works if you let system clean out the mess and let companies go bankrupt.

Government supporting dead wood will only prolong the pain.