Quotes Donut - If you are going to start a regulatory regime from scratch, you’d design it to protect middle-and lower-middle-income people, because the opportunity for them to get ripped off was so high. Instead what we had was a regime where those were the people who were protected the least.

If you are going to start a regulatory regime from scratch, you’d design it to p... - Michael Lewis - Quotes Donut

Written By Michael Lewis

If you are going to start a regulatory regime from scratch, you’d design it to protect middle-and lower-middle-income people, because the opportunity for them to get ripped off was so high. Instead what we had was a regime where those were the people who were protected the least.

4 Reads • February 28, 2021