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- German banks have created a national distribution network for Australian gold. http://bit.ly/2j7zCY5
- The World Is Awash in Record Levels of Quantitative Easing https://t.co/Ag7WEh1Vm3 @SchiffGold
- According to media reports, authorities didn’t jail the guy. They made him pay a $1,531 fine and let him go. http://bit.ly/2fWjvbJ
- People still don't get it. The only reason the economy "recovered" is that a rising dollar kept interest rates low and consumer prices in check, allowing America to go deeper into debt and consumers to keep spending. As the dollar sinks the economy will go down with it.
- Mining CEO: Silver in a Sweet Spot https://t.co/HR5CLoNSUE @SchiffGold
- According to the #Democrats the country is in great shape. We just need to take more money from the rich and give to it to our constituents.
- @Mrmozaike @Coindriller It's not about getting an early lead. Just ask the Atlanta Falcons.
- What's that you say - Olympic medals aren't made of real gold? https://t.co/WXkBruvgjU
- Pass though businesses are not at a disadvantage to corporations. Owners of pass throughs can covert to Corporation any time they want. The reason most don't is to avoid the double taxation of corporate income.
- President #Trump has a misunderstanding of U.S. history. The #Republican party of the past did favor #tariffs, which is why it was the party of big government and big business. The Democratic party apposed tariffs and was the party of small government and the common man!
Friday, February 26, 2016
Capitalism vs Socialism (economic theory)
Please take the time to read this. Capitalism works because it is a natural extension of biological evolution. The laws of nature govern the free market of capitalism. Socialistic ideas contradict the logic of our evolutionary past. The development of our species has taught us that the “survival of the fittest” scenario is the catalyst for evolution, innovation, and collective longevity. Capitalism chooses not to ignore the valuable lessons learned from our evolutionary history; instead it chooses to embrace them, ensuring its survival. Never confuse equality with fairness. The laws of nature that shaped our evolution dictate that individual survival is based on the ability to acquire nutrients and avoid exposure. And the quality of that survival is based on aptitude. This model is reflected within capitalism. The quality of your survival in the free market is based on your aptitude for production. The answer to the question of capitalism vs. socialism lies within another question. Do you want an equal society or a better society?