. . .
K “We need free markets.”
J “Agreed. That is a need.”
. . .
K “The federal government in the guise of the disguised ‘non-Federal’ Federal Reserve controls and directs almost every aspect of the economy and our daily lives more than any other command economy in history. We need businesses to fail then to bail but not to be bailed out.”
J “The very low interest rates until recently were a veiled daily bailout that insulated a company from the consequences of a normally functioning economy. That is hard to miss, but it is missed.”
. . .
K “The days of laissez-faire economics seem quaint and romantic. And vaguely appealing.”
. . .
K “That is a form of independence I would like to celebrate.”
J “Me too. We are not free until markets are free.”
. . .
Bumper stickers of the week:
Is there something less fair about a dollop of laissez-faire in our lives?
Give freedom a chance, albeit not a big chance
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