Author

Topic: Every crisis is an opportunity for the government to grow its power (Read 120 times)

legendary
Activity: 1918
Merit: 1018
Price fixing, privation of freedom, nationalization, the crisis will justify everything and most will accept it for the good of society but the next one in charge of the big central government could abuse these new powers and we will have been trained to accept it.

It's very toxic to see how the states chose to turn their back to reality, to the free market and to osound money.

Our cash should not go to bail out poorly managed companies that have been buying back their prices instead of saving such as most US airlines or to fixe prices because there is a huge opportunity cost to it. Our ressources should go to the companies that innovate  and create great products for consumers, the companies that have the ingenuity to do more for a smaller price that their competitors because they are the ones creating a lot value and the profit is their reward. Some companies had the foresight and prudence to keep enough cash and ingenuity to survive adversity.

The central government cannot print the economy it wants. Value comes from competition and freedom that reward the ingenious.
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