Brad and his Regulators

Here they come. Read all about it.

My advice? The regulators come into play the next time we have some shock that requires bankruptcy. They do happen, how much insurance? Keep regulation costs small? Good luck?

He has our "expert" team, Barney, Dowd and Schumer.

The deal is that our yield optimization is positive definite, it has no function for less than zero inventory over the near term outlook. So negative inventory growth below zero inventory cause firms to be demonetized, and the bankruptcy and insurance system come into play, the more primitive of financial system.

The total loss due to financial inefficiency is probably small compared to the loss due to required changes in real capital investment. Most government losses incurred by the tax payer are coming from reduce demand via the 38% reduction in federal income resulting in efficiency of scale losses for government.

And government regulators inevitably become biased advocates in the next restructuring.

Incentives work better. Create a financial derivatives market.