2026-01-10 20:26:53

Interest rates in the financial market should not be dictated by the government. In simple terms, let the market decide — anyone who feels the interest rate is too high can lower the barrier and start their own company to compete, offering more favorable terms. Only then can healthy competition form and truly protect consumer interests. When the government tightly controls pricing power, it stifles innovation and causes the entire market to lack vitality. This principle applies to credit card companies as well as other financial institutions. Open competition allows the best products and services to naturally emerge, which is the true nature of a market economy. Instead of administrative intervention, it’s better to remove barriers and encourage more participants to enter the market.

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PanicSeller69

· 11h ago

Thinking about it is beautiful, starting your own company? Fundraising, approval, risk control... Is it good to set the bar so high? It's not something you can just start on a whim.

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LayerZeroHero

· 01-12 19:05

This logic sounds great, but who really has spare money to start a financial company?

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just_another_wallet

· 01-10 20:54

This logic sounds great, but who will protect the newcomers from being exploited? Letting competition run wild is good, but the result is big fish eating small fish, and then all kinds of usury come in.

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WalletDetective

· 01-10 20:53

Ha, this logic sounds great, but in reality? An unregulated financial market is a tangled mess. People have to fight for various licenses just to open a bank. Do they really think there are no barriers to entry? Government regulation does have issues, but completely letting go is not realistic; history has already taught us that. Relying solely on competition, what about small retail investors? Will they be exploited? Market self-correction sounds ideal, but by the time we realize the black swan has already crashed the market. The process of interest rate marketization should be gradual; a one-size-fits-all approach is not appropriate.

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potentially_notable

· 01-10 20:43

Starting your own company to compete? Sounds easy, but in reality, the barriers of capital and connections are right there. It's easier said than done.

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DisillusiionOracle

· 01-10 20:42

Starting your own company? That's a joke. Who said that? Why don't you try opening a central bank yourself? It sounds good in theory, but in reality, barriers are not so easily cleared. Capital still gets exploited, and competition ultimately becomes a game of "who can fool whom." Market failures have happened before, and then the government has to come in and clean up. This set of theories sounds comfortable, but the real world is never that simple.

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DegenDreamer

· 01-10 20:36

Listening to this, I thought of 2008. Wasn't every financial crisis caused by the market's "self-regulation" going wrong, resulting in ordinary people footing the bill?

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