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Politics : Politics for Pros- moderated

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To: frankw1900 who wrote (623431)	1/26/2017 12:18:15 PM
From: skinowski	4 Recommendations Read Replies (1) of 794362

It is intrinsic to capitalism when we look at it from the point of view of systems control theory that it is unstable With all respect, Frank, I think the above is a very mistaken assumption. No "system" designed by the best minds and based on the best theories can ever be more stable than free market capitalism. The very "instability" of the process when millions of human beings are actively engaged in trying to make the most of their money - is the greatest stability possible. It allows all errors and excesses to self correct with most efficiency - through money and other assets changing hands. Free markets are infinitely adaptable - while any imposed "systems" are rigid, subject to the needs of politicians, and will lead towards a snowballing of errors. Government involvement is usually - maybe even always - self serving. Govt/Fed, by artificially manipulating rates, are damaging the free market process through their interference with price signals - including the price of capital itself.

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