6 Oct
2015
6 Oct
'15
2:21 a.m.
On 10/05/2015 02:33 AM, rysiek wrote:
But you do realise that there are different views on what a "truly free market" is, right? Is it the one where is the least regulation? Is that the one where the better offer always wins? These are not necessarily the same, as cartels and monopolies strive in a "free market without regulation".
State monopoly or private is of no significance. Monopolies don't exist in free markets. They exist in CORNERED markets which typically occur because someone played with a loophole in the REGULATIONS of that market, giving them an advantage, and allowing them to corner it. Ask the Hunt boys how that worked out for them in Silver...