This seems so obvious to us. But we must admit it doesn’t seem obvious to many.
Part of this is just simple economic ignorance. Part of it is that what are called “free markets” are often not very free at all, thus skewing people’s understanding of such markets. (A better term is “free price system,” but that is for another post.) Part of it is opportunistic, anti-market/pro-state political people seizing on the central bank created 2008 Crash as some sort of indictment of capitalism and free markets even though 2008 represented a failure of CENTRAL PLANNING and not of free markets.