Well private money can take risks in a way that government money often isn't willing to.
Sentiment: NEGATIVE
Taking away the risk from the financial sector and taking it on to the public shoulders is not the right approach.
Government can't create wealth, but it can create the conditions for private enterprise to flourish.
Where there is a problem, the risks to the public are greater than they've ever been before.
Politically speaking, it's always easier to shell out money for a disaster that has already happened, with clearly identifiable victims, than to invest money in protecting against something that may or may not happen in the future.
People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.
Every form of payment has some risk associated with it.
Political risk is hard to manage because so much comes down to the personal choices of policymakers, whether prime ministers or heads of central banks.
With the globalization, it's difficult for governments to impose decisions on private companies.
So long as governments set the example of killing their enemies, private individuals will occasionally kill theirs.
If we are to attract private investment, if we are to be able to make the legislature feel the moneys from taxpayers are being used properly, we must be ever vigilant of the duty to efficiently use all funds we receive.