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Opposition of Free Market in Depository Financial Institutio

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January 19th, 2023

The free market is the best regulator of business.” Discuss why the U.S. public has not accepted this concept for regulating depository financial institutions. [In other words, why is there much less opposition to bank regulations as compared to possible regulation of, say, the automobile industry or the fashion industry?] At least two different rationales are needed.

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