It doesn't you dumb nigger. Every business cycle trough would have been better left alone to recover naturally. Governments keep dragging it on by over regulation because controls only stifle the invisible hand. The US is not even close to a true capitalist economy; it's an oligarchy.
Enforcement of anti-trust and promotion of unions (without corruption) is what balances out the inherent greed.
It doesn't you dumb nigger. Every business cycle trough would have been better left alone to recover naturally. Governments keep dragging it on by over regulation because controls only stifle the invisible hand. The US is not even close to a true capitalist economy; it's an oligarchy.
Enforcement of anti-trust and promotion of unions (without corruption) is what balances out the inherent greed.
Do we have true capitalism under the federal reserve?
Do we have true capitalism under the federal reserve?
Yes but our money is fiat, and thus doomed to fail.
Yes but our money is fiat, and thus doomed to fail.
I'm not sure we have a free market. The fed likely gives certain people free capital, I don't see how that would be a free and neutral system, but I could be wrong.
I'm not sure we have a free market. The fed likely gives certain people free capital, I don't see how that would be a free and neutral system, but I could be wrong.
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