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‘So rather than operate a nationalised bank like in China, say, the US operates an indirect scheme of credit facilitation, but the end-result is similar. She writes, “the point is not to be laissez-faire so much as to profess a commitment to laissez-faire.”’
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In the US we aren't taxed on mortgage interest. We still pay mortgage & interest. Which is a pretty small subsidy relative to total paid. But in socialized healthcare, patients pay a tiny fraction of the total cost of healthcare. These don't seem comparable to me.
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