This market isn’t free it’s been captured, often referred to as “cornered”, and this is precisely when the Government is supposed to get involved. The Government acts like a Boxing Referee; they step in and force the fighters to separate when one of them is trapped in the corner being pummeled with no way out.
This proper and necessary action is in no way a knock on Free Markets, it’s a fundamental part of them. It’s how things stay working.
This market isn’t free it’s been captured, often referred to as “cornered”, and this is precisely when the Government is supposed to get involved. The Government acts like a Boxing Referee; they step in and force the fighters to separate when one of them is trapped in the corner being pummeled with no way out.
This proper and necessary action is in no way a knock on Free Markets, it’s a fundamental part of them. It’s how things stay working.