Comments on: Allow The Free Market To Set Interest Rates – Not The Fed, Not Congress http://www.ronpaul.com/2010-02-20/allow-the-market-to-set-interest-rates-not-the-fed-not-congress/ Ron Paul is America's leading voice for limited, constitutional government, low taxes, free markets, sound money, and a pro-American foreign policy. Fri, 10 Feb 2012 03:04:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Randomhttp://www.ronpaul.com/2010-02-20/allow-the-market-to-set-interest-rates-not-the-fed-not-congress/comment-page-1/#comment-446514 Random Tue, 07 Feb 2012 08:37:08 +0000 http://www.ronpaul.com/?p=4826#comment-446514 It is much more difficult for monopolies to survive in a free market, because they will not be able to use the force of the government against their competitors.It is in the corporations best interest to use the government to do their dirty work, by using the legal system to bring anti-trust suits against competitors, ban competitors through the use of patents, buy preferential laws such as regulation to increase the price of entry, steer public opinion for elections, etc., rather than innovating in the free market. And if a monopoly did exist (in a free market), it would need to operate very efficiently and at a low price (good for consumers), otherwise some competitor would come along and blow it away.The argument for regulation is that we need more government power which always ends up in the hands of monopolies to protect us from monopolies! It is much more difficult for monopolies to survive in a free market, because they will not be able to use the force of the government against their competitors.

It is in the corporations best interest to use the government to do their dirty work, by using the legal system to bring anti-trust suits against competitors, ban competitors through the use of patents, buy preferential laws such as regulation to increase the price of entry, steer public opinion for elections, etc., rather than innovating in the free market. And if a monopoly did exist (in a free market), it would need to operate very efficiently and at a low price (good for consumers), otherwise some competitor would come along and blow it away.

The argument for regulation is that we need more government power which always ends up in the hands of monopolies to protect us from monopolies!

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]]> By: Matt - For Free Marketshttp://www.ronpaul.com/2010-02-20/allow-the-market-to-set-interest-rates-not-the-fed-not-congress/comment-page-1/#comment-76428 Matt - For Free Markets Tue, 16 Mar 2010 20:36:29 +0000 http://www.ronpaul.com/?p=4826#comment-76428 In this article...http://www.consortiumnews.com/2010/030410a.html...the author argues that the free market can only lead to corporate fascism, where the country will be run by the biggest corporations with the most money. And they'll only be able to do so because of a deregulated market where monopolies are free to exist. It's the only hole in our argument for a free market system. How would you respond to that? In this article…

http://www.consortiumnews.com/2010/030410a.html

…the author argues that the free market can only lead to corporate fascism, where the country will be run by the biggest corporations with the most money. And they’ll only be able to do so because of a deregulated market where monopolies are free to exist. It’s the only hole in our argument for a free market system. How would you respond to that?

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