"Free markets just need to be regulated more."
i.e. less free.
I suspect that is about to happen. Markets would work quite well if they consisted only of the genuine producers and consumers of a product. Its difficult to see how you can minimize the speculative element that distorts prices in the internet age. Technology is opening up more markets to more traders and massive capital flows can be instigated across borders instantaneously. Momentum rules of course - everything's a pump and dump.
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