<Video61@[EMAIL PROTECTED]
> wrote in message
news:7c1f96e7-bf34-49e3-b843-139a95f6541f@[EMAIL PROTECTED]
> On Feb 10, 1:39 am, "Marcello" <Marce...@[EMAIL PROTECTED]
> wrote:
>> "Michael Price" <nini_...@[EMAIL PROTECTED]
> wrote in message
>>
>>
news:4337892d-1489-404e-bb97-176b606184cf@[EMAIL PROTECTED]
>> "did the Laissez-faire free market create the perfect storm not seen
>> since the great depression?"
>>
>> No because the financial system is miles away from Laissez-faire
>> free market. There's something called the Federal Reserve System.
>> You might have heard of it.
>>
>> ___________________________________________
>>
>> The problem is that you have too many people who think Laissez-faire
>> means
>> total hands off in all matter, no rules, no judicial system, and
>> unregulated
>> monetary policy. As a result, you have people blaming corruption in
>> government, unpunished breaking of cor****ate laws, and ridiculous
>> monetary
>> supply by the Fed on what they think represents a laissez-faire
economy.
>
> perhaps the english translation of laissez-faire will help you. it
> means leave it alone in english. so if that is what the faithful do,
> then do not be surprised and outraged at this, "you have people
> blaming corruption in
> government, unpunished breaking of cor****ate laws, and ridiculous
> monetary
> supply by the Fed" on government intervention. the markets were left
> onto themselves.
So you are of the assumption there is laissez-faire in existence? When in
your lifetime has the government EVER left the system alone? There is a
lot
of blame going around and its almost humorous that any would blame a
laissez-faire system when we have nothing even remotely close to one.
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