3min chapter

The "What is Money?" Show cover image

Responsibility as the Art of Freedom with Russell Lacour (WiM084)

The "What is Money?" Show

CHAPTER

Capitalism and the Federal Reserve - What's the Problem?

i and rand: The only socia economic implementation of that principle is private property. To violate property is to destroy these tties, this connective tissue of responsibility in society. If you want something, then that's what capitalism serves. Capitalism satisfies the wants of market actors. But when you insert the something in the middle that's anti capitalistic, it's going to do the opposite. And so the federal government is pricing out the lower class.

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