Structural reforms requiring elimination of unnecessary regulation are technically necessary but politically difficult because every regulation has beneficiaries who lobby against removal, creating gridlock where 'if there's always a good reason to be against everything, then nothing happens.'

causalpending

Speaker

William White

Evidence Quote

you can't get anything done because there's always a lobby against everything... if there's always a good reason to be against everything, then nothing happens

Source

Former Chief Economist (BIS) Explains Monetary EndgameReinvent Money
Created: 8/11/2026, 7:24:53 AM

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