Similar to forest fires, some believe that when governments and / or central banks attempt to forestall or
prevent the popping of a speculative bubble, this only creates fuel for a bigger
problem down the
line.
This was vividly brought home to me recently, reading the vast work of academic moral philosophy On What Matters, by Derek Parfit, in which
problems concerning the switching of trolleys from one rail to another in order to
prevent or cause the deaths of those further
down the
line are presented as showing the essence of moral reasoning and its place in the life of human beings.