Capital is savings, real value, invested in entrepreneurship to generate even more value.
If you support that voluntary system in state-issued fiat money, which also allows banks to have fractional reserve. What you get is something a little better than playing Monopoly with colored paper money.
You can't call this surrogate collusion between the state, the gang and big corporations (who lobby to intervene in the free market in their favor) capitalism.
š¯•¸doge
npub1luā€¦43fs9
2024-10-11 17:07:25
in reply to nevent1qā€¦wyth
Author Public Key
npub1ludx33pqsgg9mpfvgfduk7pun83u3lx2lf4f8g308q57pmycx88sg43fs9Published at
2024-10-11 17:07:25Event JSON
{
"id": "c1c235c8fd767adfed46aa1dc2099c6e78d4d5c6c37bfec661e2286d2303bb9c",
"pubkey": "ff1a68c42082105d852c425bcb783c99e3c8fccafa6a93a22f3829e0ec9831cf",
"created_at": 1728666445,
"kind": 1,
"tags": [
[
"e",
"40e733f45611291cf08d0b850c917b508e5f1e443ec206f803a04ff3bdb3495d",
"",
"root"
],
[
"p",
"a9e42a0ca6e4b1208088b68a4fd6407481b12060f915a0fecb4c8874557e3749"
],
[
"p",
"ff1a68c42082105d852c425bcb783c99e3c8fccafa6a93a22f3829e0ec9831cf"
]
],
"content": "Capital is savings, real value, invested in entrepreneurship to generate even more value.\n\nIf you support that voluntary system in state-issued fiat money, which also allows banks to have fractional reserve. What you get is something a little better than playing Monopoly with colored paper money.\n\nYou can't call this surrogate collusion between the state, the gang and big corporations (who lobby to intervene in the free market in their favor) capitalism.",
"sig": "ca94fd8a04cb39d32790b9630e0a5212865ec55019e93df7a0a7eb3f261d16022b34d630a0db00b3a92e8bbbfeabee5a10849e9d02acfaceee6513809d67dbb3"
}