Sunday, January 26, 2014

A true Free market will regulate itself

Peter Schiff on how a 'true' free market economy would punish bad businesses:

"They’re going to ultimately get weeded out. You don’t build a great lasting business being a scumbag. I mean, maybe you can succeed in the short-run, but eventually you’re going to go away. The free market is going to purge itself of the bad operators.”