Post by twetch#8530

twetch#8530 6.0y
1Lrvsu…xNqa Key · twetch

Capitalism is the only system that functions in a way which rewards rationality and penalizes all forms of irrationality, including racism.

What the chain says
Transaction
a21bbc17968028c4e8fcb94a61790bff6fc3534cde071c999e2301c0dcf8e897
Block
658 358
Time
2020-10-25T03:51:46Z
Signer
1Lrvsujj17xKLCc6asJATBSDQ93x6qxNqa
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#8530

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1Lrvsujj17xKLCc6asJATBSDQ93x6qxNqa Verified

Reposted by (3)

Replies (13)

twetch#25395 6.0y
1z4hdD…YHWc Key · twetch
Replying to@1Lrvsu…xNqa

I like this please explain.

twetch#1686 6.0y
1HV2XL…RGaV Key · twetch
Replying to@1z4hdD…YHWc

The money made from tariffs on china was used to bailout/subsidise farmers because of the tariffs imposed on them by china.

Our taxes used to bail out banks after they lost money on bad mortgages.

The list goes on...

twetch#4245 6.0y
1Gwece…AV6R Key · twetch
Replying to@1HV2XL…RGaV

You'd have to define 'capitalism'...

People seem to confuse the unholy union of statism and fractional reserve banking with capitalism.

twetch#13259 6.0y
1DfKiB…YazT Key · twetch
Replying to@1Gwece…AV6R

Seeing that her most famous student went on to be the head of the federal reserve for decades, she must have not defined it to him either.

Continue thread →
twetch#1686 6.0y
1HV2XL…RGaV Key · twetch
Replying to@1Gwece…AV6R

Over-simplified capitalism, is individual/s raise funding to “sell/supply” a widget to the market and the flow of supply and demand will make it either a success or failure, profit or loss. But that falls/rises on the individual/s involved.

twetch#1686 6.0y
1HV2XL…RGaV Key · twetch
Replying to@1Lrvsu…xNqa

Ahhh, I call bullshit on that!

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