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RE: Are there any truly free markets? Win 50 SP.

in #economics7 years ago (edited)

Not really, the precious metals market is manipulated by the central banks and the London bullion banks. The US stock markets are manipulated by the plunge protection team. Bond markets are manipulated also by central banks creating fiat. Real Estate markets are manipulated as well. Even the auto markets are manipulated. Check this out...
There are literally thousands of these "car parks" rammed full of unsold cars in practically every country on the planet. Just in case you were wondering, these images have not been Photoshopped, they are the real deal!

The car industry would never sell these cars at massive reductions in their prices to get rid of them, no they still want every buck. If they were to price these cars for a couple of thousand they would sell them. However, nobody would then buy any expensive cars and then they would end up being unsold. Its quite a pickle we have gotten ourselves into.
http://www.zerohedge.com/news/2014-05-16/where-worlds-unsold-cars-go-die
So there you have it, even the new car market is manipulated!
The one thing I know for sure is this, "nothing is as it seems."
This will all come crashing down, the only question is when.

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This will all come crashing down, the only question is when

And when it crashes, then we will have truly free market based on blockchain :)

Thanks - I think the point is that all markets are manipulated in a variety of ways.

Yep - my response was the 2 minute reply. There is much more detail and most is hidden from the masses. If the population realized what in fact is going on, there would be a revolution overnight.

Yes but I think people will slowly come around.

Agreed, they are waking up. I'm finding most on Steemit are awake and alive. One more reason why this is an awesome community!

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