They are competent at allocating resources according to market tendencies, which, if the economy is mismanaged by the government, can cause damage…

…and this is why since the economy is very complex it csn’t be effectively managed by the government.

So they’ll be competent once a thing that can’t be done… gets done? When/where do you think the wealthy did do a good job of managing society’s resources?

successful government intervention should prevent them, as it has for quite a while.

What year is this comment from? 2008? 2020? Right now?

Sorry bro but you’re stuck in the 2000s and coping hard. You immediately went from “they manage resources effectively” to “well um the govt messed up those resources, but not the stuff that went well, and I’m just talking about prices anyways”.