Capitalism without competition isn’t capitalism; it’s exploitation. Without healthy competition, big players can … charge whatever they want and treat you however they want.” President Biden’s cogent statement about the benefits of competition would make Adam Smith smile in his grave. What could be more obvious? When one or all of the major players in an industry get to set prices while avoiding the threat of a competitor offering a better deal, the consumer suffers.
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2022/01/biden-trying-create-tax-cartel-among-nations/

It might seem parochial, but it seems to me that anything adding to old Joe's burden is a good thing for America.

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We would be better off if "Wealth of Nations" economics, Smith's true economic understanding were appreciated, but the backward Biden Regime, along with compliant Presidents of the past decades, and Federal Reserve monetary manipulation are all dedicated to Satan, Keynesian economics.

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