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originally posted in: Your economic opinion/title
2/9/2015 7:36:39 PM
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I voted for a self-regulated market, since there's no position involving minimal regulation in your poll.
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  • Well while you're here, should corporations be allowed to band together in order to maintain a set price? And should OPEC be allowed to produce and sell massive amounts of oil (for a short period of time) in order to eliminate its shale and natural gas competitors?

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  • [quote]should corporations be allowed to band together in order to maintain a set price?[/quote] Obviously not. [quote]And should OPEC be allowed to produce and sell massive amounts of oil (for a short period of time) in order to eliminate its shale and natural gas competitors?[/quote] I'm uneasy with OPEC, by its nature as a cartel, but there's no reason to stop them for selling oil at the price they want.

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