Four Myths About the Free Market and Its 'Demise' [View article]
Are you for real?
It is government meddling in free markets that causes the very distortions that require the consequential corrections.
In a truly free-market, the only monopolies that exist are those that curry the favor of government intervention (see FNMA and FREDDIE MAC, FEDERAL RESERVE).
Free-markets are only free when they are free of government manipulation. Government manipulates free-markets with legislation and the Federal Reserve manipulates free markets by injecting counter-feit money at interest rate below free-market rates.
Such manipulation distorts the perfectly functioning organism we call the economy by distorting the imbalances between those that save and those that consume.
This bailout is nothing more than a continuation of policy maker's war against the eventual consequences of their policies of free-market intervention. Furthermore, it is a war against those in society that have chosen thrift and savings over consumption. The bailout is designed to manipulate us into more credit and consumption.
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Are you for real?
Oct 01 12:36 pm
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All Comments by Lea Cabrerra »Four Myths About the Free Market and Its 'Demise' [View article]
It is government meddling in free markets that causes the very distortions that require the consequential corrections.
In a truly free-market, the only monopolies that exist are those that curry the favor of government intervention (see FNMA and FREDDIE MAC, FEDERAL RESERVE).
Free-markets are only free when they are free of government manipulation. Government manipulates free-markets with legislation and the Federal Reserve manipulates free markets by injecting counter-feit money at interest rate below free-market rates.
Such manipulation distorts the perfectly functioning organism we call the economy by distorting the imbalances between those that save and those that consume.
This bailout is nothing more than a continuation of policy maker's war against the eventual consequences of their policies of free-market intervention. Furthermore, it is a war against those in society that have chosen thrift and savings over consumption. The bailout is designed to manipulate us into more credit and consumption.