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The reverse is often true as well. Anywhere you see rationing and price fixing, you can find black markets nearby, assuming the distortion is high enough.
by arohner 17y ago
The reverse is often true as well. Anywhere you see rationing and price fixing, you can find black markets nearby, assuming the distortion is high enough.
- adamsmith 17y agoYes, seems like trying to stop free markets from developing is just like trying to hide information or keep a theatre free of ringing phones. It can be tried, and sometimes even successful, but gosh it's a lot of work.