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21 sats \ 7 replies \ @random_ 14 Jun \ parent \ on: Would You Rather Have Money Manipulated by Governments or Private Companies? bitcoin
You give private companies too much credit.
If companies like GEO Group, Core Civic, and LaSalle Corrections are using slave labour with the governments permission, how do you think they'd manipulate the money supply if they were unfettered?
It's a good question and a reasonable concern, but I think they would be out of business if they had to function on an open market.
The broader question of how unscrupulous private companies would be, given the opportunity, is hard to answer. Market discipline is stricter than political discipline, though, so I don't think they could get away with as much.
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Those are concentration camps in a totalitarian communist state.
What in the world does that have to do with free enterprise?
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Don't be so hard on yourself
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What are you talking about?
Slavery, by definition, cannot occur under free enterprise.
Whistleblowers are almost always assassinated in connection to state activities.
Company scrip is utterly trivial in comparison to fiat currencies.
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