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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.
It's always the same group of people who take advantage and make profits at the expense of the working class, I guess that's the system.
That is the system indeed; it's called capitalism. Thanks for stopping by, responding and your support @cryptoxicate !
Hi zyx066,
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oh, I've added myself to your curation trail :-)
Another one? That means I'm twice honored now ;-) Thanks for the support!
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.