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+1 came here to point out what should be obvious: the US is not, and has never has been, a free market. There is, and always has been, "rules and regulations" b
by spit2wind 2y ago
+1 came here to point out what should be obvious: the US is not, and has never has been, a free market. There is, and always has been, "rules and regulations" beyond the "natural" which dictate the behavior of the market.
The closest thing I'm aware of to a free market was the cryptocurrency driven markets of the "Dark Web" somewhere between the rise and fall of Silk Road. Yet even that market was embedded within, and ultimately governed by, the jurisdictions the network was hosted.
- gilbetron 2y agoThere is no such thing as a free market without rules and regulations, rules and regulations are what allow a free market to exist.
- chrstphrknwtn 2y agoThis sounds an awful lot like doublethink. What is so free about a central bank setting interest rates?
- _w1tm 2y agoThe “natural” rule of a “free market” without artificial rules is that he who owns the guns takes your stuff.
- randomdata 2y agoSomeone using a gun to take your stuff has not established a market.