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There were no free markets before 2008 and none after, either. So what is your point? Had we real free markets, a one major thing would have happened--all tho
by fivestar 9y ago
There were no free markets before 2008 and none after, either. So what is your point? Had we real free markets, a one major thing would have happened--all those banks that broke the law and did so many hugely unethical things would all be gone right now and we could recover. Instead, they all got bailed out--with our money (see: gas prices during that time, as well as direct transfers via TARP, low interest rates, etc.).
If we had real free markets, we would have sound money, we would not have a huge federal government with multi-trillion dollar budgets, the change in your pocket would still be worth something, not that anyone even BOTHERS with change anymore. I can go on and on, but the point is we aren't free and THAT is the problem!!!!
None of us have ever experienced anything remotely free market in our entire lives in the macro sense. Hell, people are even afraid to simply haggle on the price of a new car and we're even fearful of cash money nowadays.
- maxxxxx 9y ago" So what is your point? " My point is that the people who are shouting "free market" the loudest don't like it when they have to experience it themselves.
- deleted 9y ago[deleted]
- splintercell 9y agoNo, your point is that nobody who truly experiences free market can advocate it. In other words, free markets have no real merits, not to mention those who advocate it should be ignored because they haven't experienced it themselves. Here's the thing, I have experienced this effect you're talking about. People who although 'like free market', but when real money is on the line, they want to utilize each and every option available in front of them (including the govt). It's hard to stand up for your ideas (irrespective of the idea) when you feel the effects of your ideas. For instance, if you opposed Trump and hate his anti-immigrant rhetoric, but then your daughter or sister is raped or murdered by an illegal immigrant. Would you change your opinions? Do you think most people would change their opinions if that were to happen to them? What about universal healthcare, you advocate it, then you move to France, and there your dad waited in line for months for a surgery whereas in US he could have gotten it within weeks if not days. The point of this thought experiment is to realize that, ideas, despite of how much it's advocate has experienced it, remains whatever it is. If they are good, they're good, if they're bad, then they're bad.
- tptacek 9y agoI don't understand what this comment is trying to say, but despite that, I'm pretty confident there must be better ways to say whatever it's trying to say.
- glhaynes 9y agoIf we had real free markets, we would have sound money, we would not have a huge federal government with multi-trillion dollar budgets, the change in your pocket would still be worth something, not that anyone even BOTHERS with change anymore. I can go on and on, but the point is we aren't free and THAT is the problem!!!! Free markets don't experience inflation? A free market-having nuclear global superpower with 300M people wouldn't have huge budgets?
- splintercell 9y ago> Free markets don't experience inflation? A free market with free money (and not a govt controlled money like today), would experience a natural inflation or deflation. Most likely it would experience a natural deflation (considering it would have gold or silver as the basis of its currency).