Market Wisdom Replaced By Political Force

RealClearMarkets - Market Wisdom Replaced By Political Force: "...In the end, the obfuscation of price signals through overzealous regulation or emergency tactic will always prove unsatisfactory for market participants. Over time, policymakers and regulators too will likely become frustrated in efforts to understand markets that they have already manipulated. Government interference should be limited to supporting a stable and predictable marketplace that encourages private decision-making. Otherwise, the wisdom of markets is replaced by the whims of those serving up the punch."

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