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The Market buys the government regulators and forces the competition out, thus retiring from being “a market” into being a monopoly. Eventually The Market also buys politicians, just like regulators. It’s all very stupid, don’t let the econobros distract you.
The Market buys the government regulators and forces the competition out, thus retiring from being “a market” into being a monopoly. Eventually The Market also buys politicians, just like regulators. It’s all very stupid, don’t let the econobros distract you.