Economy 2.0
04-08-2025 | 10:37 AM
#191
Gets Weekends Off
Joined: Apr 2007
Posts: 5,479
Likes: 383
A little .gov goes a long way. I wish I had the answer to CFPB "protections" without the bureaucratic bloat. In a perfect world, consumers would be educated and act intelligently without a nanny state directing them. In that same perfect world, companies would behave ethically instead of targeting vulnerable consumers with crappy products. The nation's food supply comes to mind, followed by targeting children with vapes, etc... I could get behind a little CFPB if it were supplemented with consumer education in our school systems. Replace DEI with Consumer Education Initiatives...
04-08-2025 | 10:45 AM
#192
Banned
Joined: Sep 2016
Posts: 8,831
Likes: 499
A little .gov goes a long way. I wish I had the answer to CFPB "protections" without the bureaucratic bloat. In a perfect world, consumers would be educated and act intelligently without a nanny state directing them. In that same perfect world, companies would behave ethically instead of targeting vulnerable consumers with crappy products. The nation's food supply comes to mind, followed by targeting children with vapes, etc... I could get behind a little CFPB if it were supplemented with consumer education in our school systems. Replace DEI with Consumer Education Initiatives...
04-08-2025 | 11:47 AM
#194
Gets Weekends Off
Joined: Apr 2007
Posts: 5,479
Likes: 383
Tariffs and Substitution
There was a brief discussion of substitution in a Fidelity webinar on tariffs today. The recording isn't posted yet, but a pdf commentary is available. Market Sense Weekly Webinar Fidelity
Tariffs and the global markets asset class views
-Whiskey and bourbon instead of Tequila and Scotch? In related news, Buffalo Trace has been flooding since yesterday.
-What raw materials are potential targets for substitution?
-Will Made in USA NB breakout of the web belt and jorts consumer segment?
Tariffs and the global markets asset class views
-Whiskey and bourbon instead of Tequila and Scotch? In related news, Buffalo Trace has been flooding since yesterday.
-What raw materials are potential targets for substitution?
-Will Made in USA NB breakout of the web belt and jorts consumer segment?
04-08-2025 | 11:59 AM
#195
Line Holder
Joined: Jul 2022
Posts: 1,546
Likes: 101
From: 787 FO
04-08-2025 | 02:18 PM
#198
Gets Weekends Off
Joined: Apr 2007
Posts: 5,479
Likes: 383
Consumer protection is a worthwhile cause but the burden on the country is far greater than just CFPB staff. The bloat created by regulation happens inside the regulated institutions, not just the gov. Regulation can be leveraged by large firms to create barriers to entry for smaller competitors stifling competition in highly regulated industries. Gotta look at all sides of the equation.
04-08-2025 | 02:20 PM
#199
Line Holder
Joined: Jul 2023
Posts: 625
Likes: 154
Now do the other side. How many compliance officers, regulatory analysts, data processors, auditors, risk managers, HR representatives and policy trainers are required to meet the demands of 1,500 .govs?
Consumer protection is a worthwhile cause but the burden on the country is far greater than just CFPB staff. The bloat created by regulation happens inside the regulated institutions, not just the gov. Regulation can be leveraged by large firms to create barriers to entry for smaller competitors stifling competition in highly regulated industries. Gotta look at all sides of the equation.
Consumer protection is a worthwhile cause but the burden on the country is far greater than just CFPB staff. The bloat created by regulation happens inside the regulated institutions, not just the gov. Regulation can be leveraged by large firms to create barriers to entry for smaller competitors stifling competition in highly regulated industries. Gotta look at all sides of the equation.
04-08-2025 | 02:26 PM
#200
Gets Weekends Off
Joined: Apr 2007
Posts: 5,479
Likes: 383
Thread
Thread Starter
Forum
Replies
Last Post
