I'm all for a free market. I'm also prepared for the initial fallout that would occur if this were to happen. The bottom line is determining fair value in a free market is essentially a negotiation between to parties.
Those who are uninformed or passive will get taken advantage off to the Nth degree. The weakest in the chain will eventually be eliminated. Heck, it could actually make for a stronger human race. Survival of the fittest.
That is the thing @scaredycatguide ... It is going to be an interesting negotiation should it get to that point :)