Really good analysis of the time and the various shady things that have happened over the years. They tend to hammer through and pass things in the middle of the night, around holidays when no one is looking or there to object. Bunch of snakes in government, honestly.

The central bank idea is indeed a fallacy that just looks to make things riskier the more it’s there. This new notion of bank ‘bail-in’ is the latest in the disaster that is the modern banking system.