Dear market, why don’t you help us against Donald Trump? – Diepresse.com
The idea that investors’ reaction would be sufficient to tame the US President has turned out to be too simple. The financial market cannot take the trouble of the voters, to think carefully before their vote, who they want to vote.
Anyone who grew up behind the Iron Curtain and has experienced the blessings of real socialism firsthand how the author of these lines appreciate the value of the liberal market economy. No other invention has improved prosperity and quality of life so solid, so sustainable and at the same time for so many people. Instead of commissioning planners by breaking your head about how many kilos of cherries a few rubber boots are worth and the value ratio in which these two goods stand with a quarter -kilo butter and three rolls toilet paper, the market does this mammoth task by promoting the free game from supply and demand. The countless individual transactions take place on the market depict the value of all goods in relation to each other in real time – as the prices known to us.
The market can do a lot. But he can’t do everything. For example, he is notoriously struggling with it. . .
