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To: TheTimeOfMan
“our current system of capitalism”. WTH does that mean?

Our 'current system of capitalism' is one that uses the printing press to socialize losses while allowing groups like Goldman Sachs to privatize profits.

True capitalism is a system of profit and loss, with the process of losses guiding capital from less capable hands to more capable hands via the market. With the advent of fiat money and a government controlled printing press to generate same the discipline of the market can be subverted by running the presses and handing out fresh claims on real capital to the politically favored.

41 posted on 02/05/2016 8:27:47 PM PST by Gunslingr3
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To: Gunslingr3
Our 'current system of capitalism' is one that uses the printing press to socialize losses while allowing groups like Goldman Sachs to privatize profits.

It's called crony crapitalism!

Of course, the maggots who practice it are short-term thinkers.

They cross the aisle with their contributions, but they don't realize they are financing the progressive gallows from which, in the end, they will all hang!

59 posted on 02/06/2016 3:14:54 AM PST by cynwoody
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