I don't get it. What is the difference between our analogies?
Or are you saying that Rands idea of capitalism is represented in the fractional reserve banking system?
Post by twetch#4245
I don't know her stance on fractional reserve banking. Do you?
The term 'capitalism' is used by many to describe what people dislike about our system in general and by others to describe private property and the free market
Hence the need to define terms
What the chain says
- Block
- 658 556
- Time
- 2020-10-26T11:16:45Z
- Signer
- 1GwecezoL8jciHU2Ysyupxrnv18JMGAV6R
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#4245
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The difference is the closeness of the student and teacher. Greenspan read the new chapters of Atlas Shrugged as it was being written, in the same room as the person who wrote it. A kid in Sunday school reads things written from people who aren't present.