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110 sats \ 4 replies \ @kepford 12 Nov \ parent \ on: How to get filthy rich with the 50 Year Mortgage econ
100%. This whole system is backstopped by the FED. I don't think people really realize how deep the effects of the FED actually are.
People seem to understand that welfare creates dependency and a week class of people. They don't know that the banks get this as well as other industries like the airlines.
We have weak industry due to socialist ideas for business. We don't have free markets everywhere. And if you wanna see where this corporate welfare is present just look at industries that suck.
Banks, health insurance, airlines, and utilities. They are TOO important to NOT be exposed to free market pressure.
Crapitalism
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Don’t forget the soybean farmers