An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Why do we call it "capitalism", i.e. based on equity, when the economy is largely driven by credit/debt created by a government-privileged usury cartel?
Why is it called "capitalism" when the savings/equity of the poorer/less so-called credit worthy are bypassed/diluted by purchasing power creation for the richer/more so-called credit worthy?
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Why do we call it "capitalism", i.e. based on equity, when the economy is largely driven by credit/debt created by a government-privileged usury cartel?
Why is it called "capitalism" when the savings/equity of the poorer/less so-called credit worthy are bypassed/diluted by purchasing power creation for the richer/more so-called credit worthy?
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