saveliberty
Diamond Member
- Oct 12, 2009
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There is no such thing as a "free market economy" today. We've had a MONOPOLISTIC economy for over 100 years. You need to get up to speed!a widget is a hypothetical product.
city slicker that i am, i wouldn't know a longhorn's temperament from from a yellow widget.
my point is that in a chicken and egg scenario between demand and supply, the demand lays the supply every time. business people rise out of the ranks of everyone else at the recognition of potential demand for something, and the wealth realized from that comes from the demand - the ranks of everyone else. its not even worth calling wealth at a rate of 25k a year, but as the individually inane consumer activity trickles upward, fewer and fewer people in the favor of business owners get their hands on the proceeds. the owner himself has .1% of 500,000 $20,000 incomes at the end of the quarter...
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This may come as a shock, but I'm no economist, however I think the free market economy is the best, that's what built this country and it's what we need to sick with.
Monopolistic for over the last 100 years? Since there are more than one company in most industries, I can only conclude that you think the government owns everything.