reply to post by Janky Red
No it's only free when it is absent regulatory authority. The boom is the reason for the bust, the boom was created by government mandate
(manipulating the currency). Thus Government created the bust, because the rate at some point will have to change in order to salvage what is left of
the currency. Remember, the FED regulates the banking industry, and the SEC allowed the manipulation to happen with NO disclosure.
You complain about the interference that big corporations have within the market. Yet you are not angry at the Government for creating those
Corporations. Corporations are, quite literally, creations of the State, as they cannot exist with state sponsorship.
Knowing these things it is puzzling to me why a person would purport to support the government to save the middle class, yet not realize that the
government created the vehicles that steamrolled the middle class over.
Market intervention = Government manipulation
Free Market = absence of Government manipulation
The Free Market does not intervene on itself.
In short : Stabilization IS Chaos.
[edit on 22-4-2010 by aravoth]