Some ideas on the future

[David Horn]

(06-30-2017, 03:07 AM)Galen Wrote: You do realize that QE was implemented explicitly to keep asset prices up don't you?  That regulations have costs and unintended consequences?

QE was intended to raise the money supply at a time of low monetary velocity, so yes, there was an anti-deflationary intent. You find that bad? Of the options, deflation is vastly worse than inflation.

On regulations: they have unintended consequences, and need to be updated to account for negative issues that may arise. Lack of regulation also has unintended consequences, but short of imposing regulations, there is no corrective. So, in short, regulation is virtually mandatory in an advanced economy.