@Fragge5@ciarannugent Yea... That's not capitalism.
Honest question, can you describe capitalism. Not what you think the outcome is, but what it is by definition?
@Fragge5@ciarannugent There are no solutions, only tradeoffs. Capitalism and free markets are rooted in private property rights and free exchange of goods and labor. That's it. Anything else is a scam we're some people try to game the system to their advantage.
@DefnewsIrl The govt borrows money by creating bonds. Banks create money to buy those bonds. Govt taxes us to pay the interest. Everyone knows money being printed so don't sell assets for cheaper price, asset prices rise. Not collateral for people to borrow more from banks, more printing
@RobCarryBray Rob. We need all you people who are left leaning (from a caring perspective, ie the genuinely good guys) to learn about inflation and money. It's the only way you'll see govt and taxation are not helping things.
https://t.co/9j7oZue4Zx