...
capitalism doesn't suck money out of anybody, capitalism is about trading things with one another.
every free trade is beneficial to both parties of the trade, otherwise it wouldn't have happened.
rich people are simply people who produced so much goods and services that people want that they were able to trade them for alot of money.
Sure.
When I stick a gun in your face and tell you to hand over your money, the proposed exchange is beneficial to both parties--I get your money and you get your life. Win/win.
Re. ur definition of "rich people": Rich people are simply people with more money than poor people, no need to complicate things. They are rich regardless of how said money was acquired--through production, manipulation, or theft.
If you were rich at the time I stuck my gun in your face, you are now poor [after, presumably, producing "so much goods and services"], and I am rich.
i said that every
free trade is beneficial to both parties.
if you rob someone by force then obviously the trade isn't free, that isn't capitalism.
@OP. You have logical flaw in your argument in the opening post.
Increased money supply is actually a bad thing for people that hold FIAT or investments that depend on the value of fiat. It is good for people/countries that have lot of debt.
Obviously this flaw doesn't change the fact that the kapitalism is sucking money from the workin folks and distributing upwards
capitalism doesn't suck money out of anybody, capitalism is about trading things with one another.
every free trade is beneficial to both parties of the trade, otherwise it wouldn't have happened.
rich people are simply people who produced so much goods and services that people want that they were able to trade them for alot of money.please read my explanation on pg 1. FRB is enriching asset holders at the expense of those with no assets. If you disagree; cite evidence, not opinion.
i agree with you, FRB is fraud, it has nothing to do with capitalism either.
capitalism and free markets don't exist anywhere in the world today.