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starwars101 t1_j5wo954 wrote

So what kind of system would you replace it with? And who would you go to to get financing for a new business?

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radgore t1_j5x4u0n wrote

Regulate the banks, dummy.

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starwars101 t1_j5x5bk0 wrote

Regulate them to reduce what, loaning out money? Paying interest? The system described above only mentions those two bank functions. What would you be regulating them to make them do, essentially?

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radgore t1_j5xamxz wrote

Pay out more interest to their more common customers instead of to multinational investment firms?

Don't nickel and dime your customers into the negative?

Don't get govt bail outs and subsidies for every bad business decision? Maybe make them pay for their mistakes?

Re-codify anti-trust laws?

Outlaw predatory practices?

Actually enforce ANY of the laws we currently have in place with punishments that actually mean something?

Anything, dude. Anything at all.

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