- Banned
- #21
confusing keynesian monetary policy with capitalism is intentional-
Per Richard Nixons infamous quote: we're all keynesian now.
Using capitalism as a scape goat is disingenuous at best-
The US operates under keynesean monetary policy- top down borrow to spend spending- and allows (through weak or greedy or corrupt or all the previous, legislators) cronies to purchase favor- there-by negating free markets, which is where capitalism thrives. Capital, in the form of currency and coin, is a requisite to free trade and free markets to facilitate value determining by those involved to assess "fair" trade.
Edit: ANYONE who tries to sell anything different is stupid or intellectually dishonest- journalist enlist both of those attributes when they publicly display their idiocy.
Per Richard Nixons infamous quote: we're all keynesian now.
Using capitalism as a scape goat is disingenuous at best-
The US operates under keynesean monetary policy- top down borrow to spend spending- and allows (through weak or greedy or corrupt or all the previous, legislators) cronies to purchase favor- there-by negating free markets, which is where capitalism thrives. Capital, in the form of currency and coin, is a requisite to free trade and free markets to facilitate value determining by those involved to assess "fair" trade.
Edit: ANYONE who tries to sell anything different is stupid or intellectually dishonest- journalist enlist both of those attributes when they publicly display their idiocy.