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How Wall Street Became an Enemy of Free Markets

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First published at 22:19 UTC on February 11th, 2021.

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After decades of financialization and government favors, Wall Street now has little to do with free, functioning markets anymore and has largely become an adjunct of the central bank. Today, entrepreneurship is out, and bailouts are in.

"Finan…

"Financialization: Why the Financial Sector Now Rules the Global Economy" by Ryan McMaken https://mises.org/wire/financialization-why-financial-sector-now-rules-global-economy

Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard, and subscribe on your favorite podcast platform.

Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of economics, at https://Mises.org.

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