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by jacobwilliamroy
2080 days ago
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You misunderstand success. Yes regulation inhibits profit. In return businesses are forced to offer more utility to users and to develop better technologies. The Chinese economy is more of a cartel with tight bonds between business and government all attempting to serve the government and meet its foreign policy goals. In a deregulated economy, the result is the same except it's private companies with no transparency or accountability owning and operating the cartel instead of a public organization like the government. And the U.S. is in a depression. There is no plan for the Federal Reserve to recoup all the 6 trillion plus dollars it's invested in the last few months. Our economic demise is coming soon. |
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