Is the Free Market Possible with a Blockchain-powered Economy?

Too Long; Didn't Read

Who decides how much you should pay for food, for gas, or for your medicine? In the current world there are various factors that add up to the price of the product: tariffs, inflation rates, interest rates, and more. The government basically decides how much your car will cost by taking <a href="https://en.wikipedia.org/wiki/Value-added_tax" target="_blank">VAT</a> from each vendor and manufacturer along the supply chain, from 1 to 27 percent, depending on <a href="https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates" target="_blank">country</a>. They also impose tariffs if this car was imported from another country. Currently, the USA imposes low <a href="https://money.cnn.com/2018/05/24/news/car-auto-tariffs-us-germany-japan-toyota-volkswagen/index.html" target="_blank">tariffs</a> on EU cars, only 2.5%, but may increase it soon to 25%. Russia will <a href="https://www.wardsauto.com/industry/russia-raising-tariffs-vehicle-imports-us" target="_blank">soon</a> increase tariffs on American cars up to 40% to motivate its local consumers to buy local vehicles.