This is a thought provoking piece by Martin. I tend to agree with him and think that less is more in terms of regulation. The key to getting it right, in my opinion, is separating special interest money from government – this would seem to be something that should be a natural order law.
One aspect I would like to point out that’s also reversed right now is TRANSPARENCY. The government is seeking more and more transparency into citizen’s lives while still playing “I’ve got a secret,” especially when it comes to central banking. I think this is opposite of a good and natural government, transparency into government is critical for the people to maintain a check on it.
Again, a thought provoking piece, a little different and more succinct than what Martin usually writes.
Economic News , Data & Views.... January 17 , 2017 ..... Quick Hits For Tuesday -1) Markets : Asia Economic Calendar For Tuesday , Data & Market Moving News ; US & Europe - US & Europe Major Stock Indexes Lose Ground Today ( Red Flag Day ) , FX Volatility Highlighted by GBP/USD Cross , USD/MXN Cross Movement Stalls At 38.2 ( Fib Number ) & Awaits Trump , Aussie Dollar Also Strong Vs USD Today ; Oil Essentially Treads Water Today ; Additional Items Of Note. 2) Europe In Focus : UK In Focus - Theresa May Sets Forth Vision For Brexit ; Greece in Focus - Syriza Folds To Creditor Demands Once Again ( Surprise , Surprise , Surprise ) ; Italy In Focus - Budget Dilemma , Italian Gov't Still Needs To Work Through Budget Issues With EUC ; Ukraine & Russia Fencing With Each Other Again ; Additional Items Of Note. 3) UD Political Round Up Of News & Views. 4) Odds & Ends - Libya , Iraq , Syria & Turkey In Focus !
1 hour ago