25 Jan 2010

Tom Woods on Bank "Fee" Etc.

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This is such a difficult issue on which to comment. On the one hand, you don’t want to say, “Free market, ra ra!” because that’s obviously not what’s going on here. On the other hand, the new “fee” and regulations obviously won’t shore up the financial sector. Here’s Tom Woods’ attempt to walk this fine line (HT2LRC):

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