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469

Because people get paid in dollars and they go out and spend the dollars? That's it? "Because you can start any business you want?" No you can't.

Economically speaking no one can make a 'company' unless it's either an economical leaf node ie maid services, nanny services, restaurant, handyman etc. Or it's economically built in to the fascist system. VC / investment preownership funding, government grants basically being your business model, making a franchise location etc.

I read in the beginning of the auto industry, there used to be thousands of auto companies. thousands. Can you even imagine compared to our like 3 or 4 now? And they don't even build the shit here. That's what a REAL capitalist economy looks like.

Because people get paid in dollars and they go out and spend the dollars? That's it? "Because you can start any business you want?" No you can't. Economically speaking no one can make a 'company' unless it's either an economical leaf node ie maid services, nanny services, restaurant, handyman etc. Or it's economically built in to the fascist system. VC / investment preownership funding, government grants basically being your business model, making a franchise location etc. I read in the beginning of the auto industry, there used to be *thousands* of auto companies. *thousands*. Can you even imagine compared to our like 3 or 4 now? And they don't even build the shit here. That's what a REAL capitalist economy looks like.

(post is archived)

[–] 4 pts

Because most people do not understand even basic economics. They've heard the words "supply" and "demand" and think they are experts.

On top of the examples you listed, the money that we use itself is manipulated in both quantity (through both the Federal Reserve's direct monetary expansion and the commercial banks' secondary fractional reserve lending), and in the rate of interest that the market charges to borrow money.

Additionally, there is a much larger off-shore market of US dollar derivatives, called the Eurodollar system, created by international banking institutions as the Bretton Woods system was collapsing, and it is completely outside of the control of the Federal Reserve.

No one knows anything about this really, but people who know nothing have very strong opinions about things that they could learn about online easily if they wanted to. But they don't even try. Yet they will still talk as if they were experts.

People are garbage.

[–] 4 pts (edited )

Every industry in the US that isn't outright literally communist ie schools, roads, police, fire etc, Then are made into monopolies / oligopolies. And the industries that can't be turned into monopolies / oligopolies are just taxed the shit out of and regulated as much as they can to slow them down.

Then the tax money is funneled back into VCs etc so they can decide which new companies get a chance to start in the US and get preownership, or the tax money is funneled to the monopoly / oligopoly corps through stock market "investments" often in the form of "state pension investments" or grants, "corporate welfare" etc.

Also ownership? House ownership? You don't own anything that has a standing tax on it. You're renting it. At best you "bought" the privilege to modify it. But even then you have to ask permission. The reason being obvious. You don't own it.