Results of Govt. Interventions: Black Swan of Cairo (Kyle’ Bass’s Best Read In Two Years)

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Subject:	Results of Govt. Interventions: Black Swan of Cairo (Kyle' Bass's Best Read In Two Years)
Date:	Tue, 13 Dec 2011 09:46:25 -0800
From:	Jas Jain

Results of Govt. Interventions: Black Swan of Cairo (Kyle' Bass's Best Read In Two Years)

http://www.fooledbyrandomness.com/ForeignAffairs.pdf

Enjoy! Regulations are necessary but interventions are mostly bad. No individuals have done more interventions than Greenspan and Bernanke with dictatorial power for 24.5 years and counting. Guess who fired Volcker and appointed Greenspan? Reagan. And who appointed Bernanke? GW Bush. With the benefit of the hindsight we do know for a fact who the four individuals are who have harmed the US economy the most over the past 30 years. Gingrich, if elected, would do worse. Writing is on the wall.

Jas

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