Who allowed the derivative markets in the first place? And people buying what they want and not what they NEED is part of why we're in this mess. Thanks for proving my point.
Originally Posted by WombRaider
Derivatives are not good or bad by themselves. They do need the correct dose of government regulation, and honest people playing the game in both the public and private sector. Tall order.....
Additionally, I would call advertising more a a distortion or redistribution of demand, and only a small generator of demand. It is more like someone has a propensity for fast cars, and the advertising informs them of their choices.
To put it on a more personal level, think about all the choices of beans out there.
Refried beans, black beans, cannellini beans, great northen beans, kidney beans, lima beans and of course jumping beans, etc. - quite the smorgasbord created by capitalism for Mirreyes like you.