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Author Topic: Money  (Read 29777 times)

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AGelbert

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Re: Money
« Reply #825 on: April 15, 2020, 02:30:26 pm »

The Coronavirus Crisis Exposes How Fragile Capitalism Already Was
By Stephanie Luce, Labor Notes. When this is all over, will we be able to patch up the economy and get things back to normal? Trump certainly claims so. But he’s wrong. Weak attempts to patch up the problems of capitalism—as much as the coronavirus itself—are what got us into the current economic meltdown in the first place. Let’s define some terms. When we talk about the health of the economy, there are two parts: the “real economy,” which includes all the goods and services that we produce, and the “financial economy”: money, stock markets, banks, and credit. The coronavirus has affected the economy in stages: First... -more-

Agelbert NOTE: Exactly right. Anyone that thinks CAPITALISM is not THE PROBLEM is, of course, a CAPITALIST INTELLIMORON.
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

 

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