Reply #1: Here's a different approach... [View All]

[Shishio]

Education. There is no reason why we can not inform our public as to the way any and all points of society works, up to and including AND especially monetary policy as a whole, and even on the personal area. If our media wasn't complacent (by design) our public would be informed on many more issues that are facing them. The schools could shoulder most of the responsibility of education and should do so at an early stage. We use money everyday wether we physically exchange it or not but most people do not understand how their money works or what it really is.

I think more regulation, though well intended, will lead to an even bigger nanny state, and will never fully protect consumers from the ever evolving scams and pitfalls that would find ways around the regulations. Which would just lead to more regulations and restrictions, but never solve the problem... only loosely and temporarily mend the perpetual effects.