Why Free Market Individuals Should be Regulating Prices, & Not the State (L35)

When observing a community of liberty-loving free marketers, one finds that success is abundant. Everyone has what they each need; there is peace and unity in a voluntaryist society such as this one. The fruits from each beings successes are shared and celebrated among many. However, on the other hand, should one observe a community submerged in state regulated price floors and ceilings, the entire market pricing system would be found a palpable lie.

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This is because state regulated prices aren’t fluctuating based on a supply and demand route; and when price floors are implemented, there is over production. Price ceilings result in shortages of goods. In a free market, the key to knowing how much of an item to produce is all found in the prices, seeing as how they display the demand of that particular item at a certain point in time. Price decision should stay between the buyer and seller, and when it does, the market will function healthily; without surplus or shortages.

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