Quote:
Originally Posted by IllTestYourGirls
Yes there are regulations in the free market. You are not allowed to commit crimes. However subprime mortgage crisis was created by regulations.
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You are not allowed to commit crimes
Committing a crime means breaking a rule, what is a rule if not a regulation?
I also suggest you brush up on your Capitalism the conerstones of Capitalism are strong property rights, supply and demand dictated prices and open competition. These principles need to be respected to ensure free markets function properly.