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.
I 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.
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!!!!
Free markets don't experience inflation? A free market-having nuclear global superpower with 300M people wouldn't have huge budgets?
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).
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.