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About this quote

What does it mean?
High-risk financial exchanges might need restrictions like casinos.
In plain terms
Stock markets could be limited to protect the public.
What can you take from it?
Regulate speculative markets to reduce public harm.

Where it applies

  • investment policy
  • gambling laws
  • economic reform

Putting it to work

  • evaluate market access
  • propose transaction taxes

Questions to consider

  • Should financial markets be open to all?
  • How do you balance speculation and stability?

Another view

Restrictions might reduce market liquidity.

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