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Why Central Planning Always Fails | The Aneesh Karve Series | Episode 4 (WiM265)
The "What is Money?" Show
The Value Judgment of Greedy
The real check on greediness, or excessive profiteering at the expense of your customers is competition. It's doubly ironic that Biden would say something like that, because they took something like a million barrels of oil out of the strategic petroleum reserves to get gas prices down right around midterms. What you actually need is just free and open markets and open competition such that producers compete to satisfy customers profitably but economically at the same time.
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