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Originally Posted by detbuch
The more that government is centralized and the less it is limited, the greater the connection between the banks and the government--so the more that regulations become favorable for the central banks.
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And decentralization can lead to localized corruption as well. See it all the time in communities.
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It was government regulation that led to the housing bubble, and government stimulus that created the following stock bubble that is now experiencing a correction which is not finished and may get worse and create a new financial "crisis."
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Pretty much exactly the opposite. The bubble was mainly caused by a lack of regulatory control that allowed for cheap and reckless loans, further exacerbated by additional lack of regulation that encouraged corrupt banking practices to obfuscate the risk.
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