stefalb

2009: The War on Capital(ism) Must Be Stopped

The major problems with capitalism are compound interest and an increasing concentration of wealth over time. Over time money concentrates in the hands of the most capable and/or the most ruthless. Historically this concentration of wealth has been resolved by revolutions. In a paper monetary system wealth can be diluted by quantitative easing. To keep the system going and have money moving again, from the bottom up, this dilution of wealth is exactly what's needed and what ultimately will save capitalism!