All posts in " bail-ins "
Share

Are Bail-Ins Supported by Free Market Philosophy?

By admin / June 30, 2017

QUESTION: Mr. Armstrong; Reading between the lines, it seems that you support bank bailouts at taxpayer expense. Is this not counter to free market philosophy? KE ANSWER: Yes it is contrary to free market philosophy. However, it is the only reasonable solution at this moment in time without structural reforms to the financial system. If […]