Anonymous asked in Politics & GovernmentPolitics · 3 weeks ago

Why can't conservatives accept John Kenneth Galbraith's claim that heavy deregulation of Wall Street/big businesses does nothing but cause..?

recessions and destroy the middle class?

2 Answers

  • Bob
    Lv 7
    3 weeks ago
    Best Answer

    The rich get richer. The banks and Wall Street are to big to fail so they gamble and the middle class pays the cost over and over.

  • 3 weeks ago

    When America accepted the monetary fiat system it opened us up to recession. 

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