Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Elroy Jetson who wrote (69350)	5/21/2008 2:18:13 AM
From: Maurice Winn	Read Replies (1) of 74559

All transactions are natural monopolies, be it an ice cream at a corner store or a water supply. Utilities should be sold for what the market will bear and taxes reduced accordingly. So, water prices should be increased until people use alternatives, and taxes lowered to match, and then the water supply privatized in part, with city revenues coming from the shareholding. The capital could be returned to citizens or used for further development. Socialism is hopeless. Mqurice

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