Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Don Lloyd who wrote (7038)	8/13/2001 10:47:45 AM
From: PMG	Read Replies (1) of 74559

<<<The proper use of competition is to determine which producer shall be the monopoly producer >>> <<< not demanding an artificial production competition >>> Wow! Now who is the socialist here??? What you describe is exactly the system of the former GDR, I am impressed! Who TF shall do such regulation?? Also, you didn't catch the concept of w = cr PLUS cr, which includes of course the fact that people are not only consumers but also can share profits (pr) by owning stock. It is a proven fact that monopolies reduce w, ask any Harvard professor if you have any doubts...

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