tag:blogger.com,1999:blog-2980246226076317453.post668296791770809099..comments2024-03-27T09:17:51.095-07:00Comments on Done by Forty: Who Wants a Fight With No Referee?Done By Fortyhttp://www.blogger.com/profile/06246597867355460723noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-2980246226076317453.post-75810598842028310372019-05-31T09:36:50.336-07:002019-05-31T09:36:50.336-07:00This comment has been removed by a blog administrator.ES.HAMZAhttps://www.blogger.com/profile/06223388060510970872noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-31371356784299756692019-05-31T09:34:37.299-07:002019-05-31T09:34:37.299-07:00This comment has been removed by a blog administrator.ES.HAMZAhttps://www.blogger.com/profile/06223388060510970872noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-77525690228214195732019-03-21T09:18:12.182-07:002019-03-21T09:18:12.182-07:00Cool! I'll check them out!Cool! I'll check them out!Done By Fortyhttps://www.blogger.com/profile/06246597867355460723noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-53441599866899592412019-03-21T09:17:58.368-07:002019-03-21T09:17:58.368-07:00Hi there, FIREstarter!
Yes, the 'free' m...Hi there, FIREstarter! <br /><br />Yes, the 'free' market hasn't been that way in a very long time or, as you noted, maybe we never even had it. Governments actually serve quite an important role in making sure there is competition in a free market anyway. It's certainly not this natural thing that libertarians imagine.<br /><br />And yes, I completely agree with the balance you're striking there. Markets are our best solution, but are really flawed and broken in certain circumstances (monopolies, oligopolies, market failures of all sorts) and simply won't be able to do certain important things (roads, plumbing, utilities, internet, a variety of other public goods/infrastructures) and are plain bad at others (public libraries>private libraries) . Government needs to step in all the time.<br /><br />We tried to outlaw payday lenders in our state and they just switched to being 'auto title lenders'. Whack a mole over here. I wish we had your system a lot of the time. Maybe we'll just move. ;)Done By Fortyhttps://www.blogger.com/profile/06246597867355460723noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-15966229116060440942019-03-20T01:49:50.305-07:002019-03-20T01:49:50.305-07:00This guy did a series of posts on free markets etc...This guy did a series of posts on free markets etc... I found them really enlightening:<br /><br />http://www.randomthoughts.fyi/2014/04/free-market-vs-capitalism-what-is-free.html?m=1theFIREstarter.co.ukhttps://www.blogger.com/profile/11161550795321520113noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-74151745670026305872019-03-20T01:17:53.505-07:002019-03-20T01:17:53.505-07:00This is absolutely disgusting. The horribly ironic...This is absolutely disgusting. The horribly ironic thing with libertarians is there is no such thing as the free market, as governments give into demands from lobbyists and those with power all the time. The ideology is massively flawed from the offset. <br /><br />It is clear to me that a balance between free(ish) market forces and sensible regulations is the best way to run a country and economy. Shame that a large percentage of our leaders can't see that <br /><br />We've cut down on pay day lenders powers Over the years in the UK and one of the biggest ones, Wonga, went out of business. Just goes to show the business model is unsustainable if they can only survive with 500%+ interest rates!theFIREstarter.co.ukhttps://www.blogger.com/profile/11161550795321520113noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-244768024020396182019-03-11T14:19:52.833-07:002019-03-11T14:19:52.833-07:00Right?
I suppose I can't blame a shitty, amo...Right? <br /><br />I suppose I can't blame a shitty, amoral industry for trying to pull whatever it can get away with. I'm a little shocked at how quickly and easily the CFPB rolled over for the industry they're supposed to regulate.Done By Fortyhttps://www.blogger.com/profile/06246597867355460723noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-22298905663769368602019-03-11T10:51:31.370-07:002019-03-11T10:51:31.370-07:00Aw, thanks, Agibail!Aw, thanks, Agibail!Done By Fortyhttps://www.blogger.com/profile/06246597867355460723noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-1762451767608296372019-03-11T10:51:18.715-07:002019-03-11T10:51:18.715-07:00Agreed, Joe. The shame is that we nearly had it. A...Agreed, Joe. The shame is that we nearly had it. All the current administration had to do was...nothing.Done By Fortyhttps://www.blogger.com/profile/06246597867355460723noreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-40327028416391228222019-03-11T10:40:51.214-07:002019-03-11T10:40:51.214-07:00Yikes. I had missed that proposed change. If anyth...Yikes. I had missed that proposed change. If anything, we need to go in the OPPOSITE direction. The fact that loans can be had at the current levels are insane. I can’t even wrap my head around something with a 100%+ interest rate. Angela @ Tread Lightly Retire Earlyhttps://treadlightlyretireearly.comnoreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-41834417462570841462019-03-11T10:35:22.839-07:002019-03-11T10:35:22.839-07:00Can I get an amen?Can I get an amen?Abigail @ipickuppennieshttps://ipickuppennies.netnoreply@blogger.comtag:blogger.com,1999:blog-2980246226076317453.post-62319897994808228532019-03-11T10:24:38.479-07:002019-03-11T10:24:38.479-07:00That's too bad about the predatory payday loan...That's too bad about the predatory payday loan industry. They could still make a great profit even with less interest. Government oversight is needed here. retirebyfortyhttps://www.blogger.com/profile/02180702594001358403noreply@blogger.com