How fair is the American economy and who decides what constitutes “fair”? Should the government intervene with the dealings of major American companies, specifically big tech companies, to break up their stranglehold on the U.S. marketplace and its competition, or lack thereof? And how will Biden’s executive order on fair competition affect real estate? In this episode, Rob and Greg go back and forth on the need for competition, what role the Federal Trade Commission should play, how the stock market might be affected, and how much more blood we can expect in the streets.
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Link to the Biden order: https://www.whitehouse.gov/briefing-room/presidential-actions/2021/07/09/executive-order-on-promoting-competition-in-the-american-economy/
Link to Greg’s Bloomberg article:
