Because then it’s quite easy to end up with rampant corruption. By and large, we... | Hacker News

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		Panzer04 on March 13, 2023 \| parent \| context \| favorite \| on: Joint statement by the Department of the Treasury,... Because then it’s quite easy to end up with rampant corruption. By and large, well-regulated private banks work pretty well.

bumby on March 13, 2023 [–]

I think the idea that they work pretty well went out the window in most people’s mind when they threatened to crash the world economy 15 years ago.

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