Comment by jandrese
6 hours ago
The libertarian community really thought they had their fox in the hen house when he was put in charge of regulation, and he did a fair bit of deregulation, but not nearly to the extent that they wanted. In the end it was enough to trigger a major financial crisis, but not enough to completely collapse the world economy and return to the feudalism they wanted.
What regulations did he as federal reserve chair rollback and which of them caused the 2008 crash?
He killed Brooksley Born’s proposed derivatives regulations in the late 90’s.
> but not enough to completely collapse the world economy and return to the feudalism they wanted.
Don’t worry, wealthy drug addict pedophiles in Silicon Valley are carrying that torch now.