Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Raymond Duray who wrote (37556)	8/30/2003 3:17:40 AM
From: maceng2	Read Replies (2) of 74559

What utter rubbish And good morning to you too Raymond -g- The "free market" is a relative term I suppose. We could give it a value that ranges from 0 to 1. A value of 1 means total free open society. Value of 0 (min value) The governments of wealthy nations breaks down from the many faults in the system (you described several of them) The new Nazies, Communists, Radical Muslims, Gold hoarders party (I'll be the second command of that one) fight for world domination and nuclear war ensues. There is no "free trade" as everyone is dead. Value of 1 (max value) No need for government as everyone freely follows a strict moral code of conduct. Total open trade world wide, no barriers or subsidies. All disputes are settled in a friendly logical manner. World trade booms. Surpluses, when generated, are shipped to areas in distress through a world wide insurance co operative. Plans are made for inter stellar space travel and trade with other civilized civilizations. Where are we today ? About Free Market Value FMV = 0.3? There is an important sub set of people whatever system you go with. The very rich people who control the power. They have a big responsibility in all cases. I am not saying that there should not be a locally protected free market. In fact if you read that post again, the suggestion is otherwise. A free market should be promoted as much as it is safely possible to do so.

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