Is There a Need for Regulation?

It seems for farmer if he acknowledges the existence of bubbles, then in the same breath he acknowledges the necessity of regulation. Do you think that's the core of the issue? Well, it's a little bit hard. You need a psychiatrist to get people's under account. There's an edge that's... When you transgress it, you can see sparks flying in people's eyes. Although they do have a point that markets allocate resources and production.