On Financial Markets and Financial Regulation

摘要

Previous research by many financial economists indicates that the behavior of financial markets whether in the United States, Europe, South America, Canada and many other places are interrelated. The financial markets are also not without imperfections and rapid changes in some markets have serious effects on the velocity of change in other markets. Profound changes make markets in the short run unstable and affect the lifetime earnings of those who invest and those who rely on stability in financial to plan and execute their lifetime plans; including funding home purchases, living costs, College tuition, retirement and the many other factors that a person’s wealth must fund. In essence, financial markets should allow for a even playing field for all to earn income without giving a few the ability to earn more by imperfect economic and law which enable some to earn huge incomes while preventing others from earning decent incomes from investments.