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ProfessorOat  ·  4805 days ago  ·  link  ·    ·  parent  ·  post: BBC Speechless As Trader Tells Truth
I think a significant portion of the problem comes from a period where the technology greatly outpaced the regulations. They managed to scoop up an unreasonable amount of political and economic power in a relatively short amount of time (~35 years) to ensure that increased regulation and taxes would be met with stiff opposition.