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RE: LeoThread 2025-01-24 13:25

in LeoFinance11 days ago

Part 3/9:

Lula’s administration announced intentions to intervene in the market to make food more affordable. However, this notion has sparked anxiety among economic observers who recognize that state intervention rarely succeeds in altering the pricing dynamics of the market. Critics liken these interventions to the irrational idea of attempting to "revoke the law of gravity," emphasizing that it defies the realities of economic principles wherein the market, as a collective of social interactions, determines price equilibrium more effectively than a centralized authority.

The Flaw of Assumed Expert Knowledge