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RE: It's About Time...

in Deep Dives3 years ago

In capitalism, and yes, this is capitalism

Free market capitalism is not possible with central banking (an instution supported my Marx).

Capitalism without free markets is an oxymoron.
Capitalism with central banking is impossible . There is no real price discovery mechanism with an arbitrarily decided cost and supply - of money (interest rates).

Ergo, this cannot be capitalism - by definition - but hey - apart from that , you're bang on! lol

Capitalism is not an ideology , it's natural system found throughout nature - it's all about the transfer of calories.

Rant less, educate yourself, more.

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