Essay
Deregulation of the banking and savings and loan industries had disastrous results. The cost of this burden has been borne by the average American taxpayer through higher taxes as well as exceptionally low interest rates on savings accounts and certificates of deposit. Why is government regulation of these industries so important? What kind of reforms might be effective in fostering long-term economic development at a low cost to the taxpayers?
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Government regulation of the banking and...View Answer
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