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> Certainly Milton Friedman [1] thought they were harmful rather than helpful. Ah yes, Milton Friedman, the man who was right about everything. Also never? Goo
by confluence 11y ago
> Certainly Milton Friedman [1] thought they were harmful rather than helpful.
Ah yes, Milton Friedman, the man who was right about everything. Also never? Good god man, so what about market manipulation?
> Under economic theory, interference in markets prevents them from correcting prices and is therefore never a good thing.
Well if the market knew what it was fucking doing then it wouldn't need to correct prices now then would it? But the market does not know what it is doing, and when it shits itself, we have to come in and stop the world from imploding in a negative feedback loop.