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Comment: Enforcing Regulation = More Power for the Government

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Enforcing Regulation = More Power for the Government

Submitted by Brigger on Sat, 02/16/2013 - 09:06.

In some cases the lack of enforcement translates to liberty. Take the case of the black market; what that means is that regulation is not being enforced. In my dictionary, the black market just means there is a free market, a libertarian market. So by letting the banks go unchecked will let some make mistakes, others will dabble in fraud, and many will go broke. Yeah people will lose a bunch of money, some will see their life savings dissapear, but in the long run things will be much better; only the most honest, efficient banks will be able to survive.