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Is this a sign of a healthy, competitive market?
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June 13th, 2010
According to Forbes Magazine , only 6 banks made any appreciable amount of money last year while the other 980 either stayed flat or lost money.
What I want to know is what this really means as far as having a true free market with many options. It seems to me like the options are limited and, as time goes on, we are moving towards outright monopolies.
Is that what a free market economy is all about?
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