There exist two blatant contradictions which roughly ninety-nine percent of intellectuals, journalists, and voters erroneously believe.
On the one hand, they say that the free market must be regulated in order to prevent monopolies. It is assumed that these monopolies would have such great power over the market that their customers would be forced to settle for products far more expensive than, and inferior to, those that would be offered under competitive market conditions. On the other hand, these intellectuals, journalists, and voters explicitly advocate that one group (government) monopolize the money supply, policing, courts, taxation, legislation, compulsory education, and a myriad of other things that we may consider to be vitally important.