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Ask Dave

Not Wise To Nationalize

Hear Dave tell why the government getting involved is usually a bad idea, and how it applies to the bank.

QUESTION: Jonathan knows that nationalizing the banks is a bad thing to do, but isn’t sure why. Can Dave explain? Dave can indeed.

ANSWER: It’s bad because government sucks at operating anything with the exception of the military. Do you really want banks operating like government housing? Is that efficient? Government is nice people trying to do nice things in a stupid way. That’s what government interfering in crap has turned into.