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by jacobwilliamroy 2080 days ago
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.