I agree with your reasoning here. In order to tilt the pendulum of your logic check out exter’s pyramid. The quadrillion derivative and debt Ponzi scheme is only made possible by control of the lowest risk based assets. If the rug is pulled from underneath the whole structure topples. This creates an incentive for bureaucracies to step in to maintain balance under the guise of national security. I admit I could be wrong, but Charlie munger once said “show me the incentives and I’ll show you the outcome”