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The typos in this article really kill it for me.</complaint> Valid points about lowering prices in industries with middle-men, but this is hardly a Robin Hood
by josh33 17y ago
The typos in this article really kill it for me.</complaint>
Valid points about lowering prices in industries with middle-men, but this is hardly a Robin Hood argument (steal from the reach with force who stole from the poor with force) as no force is involved beyond simple market forces of supply and demand.
Actually, we'd see even lower prices across all of these categories if there were less regulation protecting the incumbents and less overall dollars in circulation causing inflation.
- karzeem 17y agoRegulation has a role to play, but you're right; people forget that making it really hard to start a bank means we get stuck with the big ones no one likes.