http://theunbrokenwindow.com/2009/03/03/regulation-questionable/ The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. - F.A. Hayek Fri, 12 Mar 2010 05:31:36 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://theunbrokenwindow.com/2009/03/03/regulation-questionable/comment-page-1/#comment-2984 Harry Wood Wed, 04 Mar 2009 05:45:21 +0000 http://theunbrokenwindow.com/2009/03/03/regulation-questionable/#comment-2984 Anybody trying to get interest from the bank remembers it well. When you called the bank about how come they were allowed to pay you nothing on your company's checking account (and hypothecating it manyfold), they'd cite Regulation Q. Regulation Q was not a creation of Barney Frank or Chris Dodd -- they had not been born yet. Anybody trying to get interest from the bank remembers it well. When you called the bank about how come they were allowed to pay you nothing on your company’s checking account (and hypothecating it manyfold), they’d cite Regulation Q. Regulation Q was not a creation of Barney Frank or Chris Dodd — they had not been born yet.

]]>