lets talk about our economy

The same way a floating exchange rate affects the price of imported drugs and small items that affect the poor, is the same way an open market in the oil sector would affect countries that are highly import

dependent, the same way removal of subsidy encourages rent seekers in the oil sector and importation at lower cost, the true picture is real investment come in when the market is predictable and stable, people can look at it from different angles but the overall interest of the majority is more important then the benefit to few - refineries are also protected when established because they are the ones that would receive these subsidies, furthermore no subsidy opens the space for importation at the lower costs (dumping comes to mind) as against forcing the true investors that would be protected from importers - why does America as a country still subsidize agriculture if subsidy was bad? and the world Bank don't talk about that? China subsidize commerce by establishing SOE's and the world Bank kicks against it, America is fighting China because of it, but it's beneficial to the larger group of their citizenry - we were taught in school that monopoly is bad, oligopoly neither here or there, perfect competition is the best which means the market is open to all, but in the long run if we follow the price and demand competition curve what happens? In my opinion, if it does happen, price fixing becomes the ultimate all the competitors come together and fix a unified price which would not be in the consumers best of interest