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The hyperinflation that will result from our overuse of printing the dollar will also negatively affect countries around the world that peg their currency to the dollar. What we have done by bailing the businesses out (which, by the way, failed because they are inefficient) with our current state of debt is guarantee some kind of crisis down the road that will affect the world as you said. It wasn't worth it.
Yes that is part of the problem. If the government isn't capable of giving the businesses the benefits, then lobbying wouldn't be worth it anymore. It would eliminate the problem. And I do believe China is closer to a free market than the US right now and economically we should become more like them, but with the system set in place by our constitution. They are not mutually exclusive, we have just strayed from it.
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