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RE: Back to basics # 2
you need to understand the difference between capitalism and crony capitalism.
There can be no free market capitalism with central banking. Please understand this.
you need to understand the difference between capitalism and crony capitalism.
There can be no free market capitalism with central banking. Please understand this.
crony capitalism is theft.
Communism through the back door - it leads to centralization....
ok , explain to me what is the difference and give me some examples in history
There has been no free markets for centuries.
Monarchies, central banks - any concentration of powers (of money) destroys free market capitalism.
Capitalism isn't a post industrial revolution reality.
It's about borrowing someone elses resource in a mutually agreed contract. That's it.
It is a natural system. (see all of nature of supply and demand. Supply and demand are the seeds of capitalism. It never changes)
so if I understand correctly there is no good capitalism ?
You do no understand correctly then. lol.
It's not evil, is about a voluntary transaction of borrowing assets.