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How Wall Street Became an Enemy of Free Markets

Summary:
After decades of financialization and government favors, Wall Street now has little to do with free, functioning markets anymore and has largely become an adjunct of the central bank. Today, entrepreneurship is out, and bailouts are in. Be sure to follow Radio Rothbard at Mises.org/RadioRothbard. You Might Also Like Politics and Ideas 2021-02-09 In the Age of Enlightenment, in the years in which the North Americans founded their independence, and a few years later, when the Spanish and Portuguese colonies were transformed into independent nations, the prevailing mood in Western civilization was optimistic. Weekly SNB Sight Deposits and Speculative Positions: SNB selling

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How Wall Street Became an Enemy of Free MarketsAfter decades of financialization and government favors, Wall Street now has little to do with free, functioning markets anymore and has largely become an adjunct of the central bank. Today, entrepreneurship is out, and bailouts are in.

Be sure to follow Radio Rothbard at Mises.org/RadioRothbard.


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