The Cantillon effect: "the first ones to receive the newly created money see their incomes rise, whereas the last ones to receive the newly created money see their purchasing power decline as consumer price inflation comes about." https://mises.org/library/how-central-banking-increased-inequality … https://en.wikipedia.org/wiki/Richard_Cantillon …
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social policies are completely different from socialistic economy and government. We have social programs in the united states, but our economy is free market capitalism and by no ways shall that change. Problem was venz created to much social programs and relied on one resource
We no longer have free market capitalism. We have zombie capitalism where the smaller businesses farther removed from access to central bank credit are trying to play a rigged game against the corporations that have that have much closer access to that money spigot.
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u have to have money to play with the big boys, if u dont have the $ to survive thats on u!
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Just stop lying and telling us it's a "free market", it's nothing close to that.
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Nick, then you should start an unleveraged small or medium business and compete with them and most often beat them...
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9 out of 10 small businesses fail, mostly because of cronyism
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And of central bank driven zombie capitalism. It's no coincidence that we've seen the rise of megacorporations and the fall of small business in almost all parts of the U.S. economy since the end of the last vestiges of the golden fetters in 1971.
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I'm in too jolly of a mood for all this, but the American Downfall was in the time of Kennedy. The solution still lies in our founding, Franklin had devised the solution long before the country was born. The dead speak, and can be born again. Summoned. To guide us.
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there never have been free markets, what is happening domestically is what has long happened internationally, a corrupt system of dollar dominance coordinated by the u.s. financial-military empire... dollar and central bank colonialism
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would adam smith agree? when did we have free market cap?
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