Posted on 11/07/2012 6:23:27 PM PST by ealgeone
Japan and China appreciate your loyalty and patriotism.
“The profits go to Japan.”
Actually the profits in any trade go both ways. Toyota got the money, I got the car. I valued the car more than the money, Toyota valued the money more than the car. Toyota gained and I gained. Nobody lost. It’s capitalism 101 and it doesn’t matter if the seller is in Japan or Wyoming. You should read Sowell’s “Basic Economics.”
“Japan and China appreciate your loyalty and
patriotism.”
Read Sowell’s “Basic Economics” to understand how capitalism works before you criticize it.
You got my promise about GM.
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