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Apr 29 2011 09:43pm
Quote (PlasmaSnake101 @ Apr 29 2011 08:57pm)
Benanke is a smart man and we've seen outrageously fine growth with the Fed ever since we came out of WWII. Decades of growth with little hiccups of a year or two, well, until now.


Yes, America. Without care of what we do to other countries.
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Apr 29 2011 10:06pm
Quote (MewKitten @ Apr 30 2011 06:54am)
The problem is that if anything changed it would be in their favor, therefore this whole argument is invalid, sadly. I thought the people were supposed to have the power in a democracy :cry:


in the usa , you dont live in a democracy , you live in a capitalist democracy
which means , unless u have capital , you dont count
but ofc , its counterproductive to actually let those without capital realize this

also , changes to the system would probably not benefit those in control of the resources
if you look at other 1st world western countries , they are becoming more and more like the usa , and for a very simple reason
capital isnt localized as it used to be , therefore , there is no real bias for " national advantage " , as i can simply move my capital from one capitalist democracy to another ( always choosing the most favourable enviroment )
these " capitalist democracy's " must therefore vie with each other , in attracting the most capital to their respective states
and they way in which they do this , is to adopt " favourable business enviroments "

the usa is the most " advanced " of the nations in this respect
and any changes to that system ,would almost certainly not benefit those who control the most capital ( as the system in the usa is designed to give control of the state ,to those who have the most capital )
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