Comment Comment by chiefalchemist "The episode highlights how highly concentrated the formula industry is — thanks in part to government policies — and the risks that can result."The sad irony is, the "solution" is certainly going to be throwing more Fed government at it.As long as were willing to put more eggs in Uncle Sam's basket (read: pocket), we're going to be subject to these "catastrophic failures."Yes, governing is difficult, central governing even more so. Yet we insist on continuing to play to its weaknesses. And we keep adding more eggs. parent chiefalchemist 4 years ago
The sad irony is, the "solution" is certainly going to be throwing more Fed government at it.
As long as were willing to put more eggs in Uncle Sam's basket (read: pocket), we're going to be subject to these "catastrophic failures."
Yes, governing is difficult, central governing even more so. Yet we insist on continuing to play to its weaknesses. And we keep adding more eggs.