Original post made by Stacey on Oct 10, 2008
on Oct 10, 2008 at 9:37 pm
I can think of at least one country that currently has a completely free market and absolutely no government regulation. Although Milton Friedman might not have ever used it as an example.
on Oct 11, 2008 at 1:22 pm
This morning some talk radio talking head on 650 AM (or it could have been 560 AM) said basically the same thing. He put it a better way though. People are uneasy about the market because they've lost confidence in the money managers. No one cares about the availability of money or the interest rate.