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  • Expert: 'Bail-ins' exacerbate market bubbles by making economy more cyclical

    Law professor Amitai Aviram argues that "bail-ins" amplify the highs and lows of future business cycles and undermine the policy goals of those who believe free markets allocate investments optimally, as well as those who prefer government guidance in allocating investments.

    Law professor Amitai Aviram argues that "bail-ins" amplify the highs and lows of future business cycles and undermine the policy goals of those who believe free markets allocate investments optimally, as well as those who prefer government guidance in allocating investments.

    Photo by L. Brian Stauffer

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      Law professor Amitai Aviram argues that "bail-ins" amplify the highs and lows of future business cycles and undermine the policy goals of those who believe free markets allocate investments optimally, as well as those who prefer government guidance in allocating investments.

      Photo by L. Brian Stauffer

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