Strange tale scary if true - read the whole article..... (companies, economic)

[SilverOne]

When government interferes with free markets they cease to work properly. Measures that interrupt and manipulate distort markets on a short to intermediate basis, but the final result is never in doubt. Things are altered but only little changed. What is serious about intervention is that it breaks the social and political contract between government and the people. This is the type of social engineering and pragmatism espoused by John Maynard Keynes, which brings us to where we are today.


Banks Will Still Profit in this Faltering Economic Recovery | International Forecaster Weekly | Bob Chapman | The International Forecaster

[Arus]

Govt has always "interfered" in the "free market" because as you can see if the "free' market were truly free, there would be companies that would CUT corners to maximize profits.

They would control prices to the point that only the rich could afford it.

Govt needs to "interfere" because the market left on it own, would definitely be a "awesome if you're rich, too bad you're poor" situation.

[summers73]

Originally Posted by Arus

Govt has always "interfered" in the "free market" because as you can see if the "free' market were truly free, there would be companies that would CUT corners to maximize profits.

They would control prices to the point that only the rich could afford it.

Govt needs to "interfere" because the market left on it own, would definitely be a "awesome if you're rich, too bad you're poor" situation.

Except when we had real double digit growth throughout most of the 19th century, as well as falling prices making daily consumer goods more affordable for everyone.

But hey, don't let facts get in the way.