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Comment: Not exactly, the definition

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In reply to comment: Thank you for making my point. (see in situ)

Not exactly, the definition

Not exactly, the definition does not state that it does not exist. That something you've inferred upon the definition. It is what you want the definition to say. The Black Market transacts everyday without government intervention of any kind, and it is untaxed. The free market does exist, its open 24/7/365.

The derivatives market could not exist without government regulation that allow felons to go unpunished when they operate under the corporate umbrella.

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