| Re: did the Laissez-faire free market create the perfect storm not seen since the great depression? |
|
 |
|
 |
|
 |
|
 |
Group: sci.econ · Group Profile
Author: MarcelloMarcello Date: Feb 9, 2008 20:35
comcast.net> wrote in message
news:n6lrq3h7l6srcatapo5bsi5qbhtkkotibd@4ax.com...
> On Sat, 09 Feb 2008 04:56:21 -0600, "Mark M." techz.net> wrote:
>>>Ultimately, every problem is blamed on government, especially in the
>>ironic
>>instance when government fails to take on a more active role in regulating
>>business
>>practices.
>
>
> Absolutely. Largely because government doesn't get involved until
> there's already a failure. If there's a market failure - let's say as
That would be incorrect, since government regulates the fiat currency and
oversees the money supply that permits these loans in the first place.
| 
