Financial Friday: The Capitalist System
Episode Ep 522 58 min 2s

Financial Friday: The Capitalist System

From Brushwood Media Network Brushwood Media Network

FF: The Capitalist System

While some people believe that Capitalism is a system of greed, it is the system that has improved the quality of life for the poorest citizens. No collectivist system has managed to achieve what this system has done. We talk about different countries, energy, and the quality of life of the citizens. We also discuss inflation, voluntarism, and banking. In many banks, even the people that work there do not know that a bank can fail or what a bail-in is. We also talk about one bank that is doing things vastly differently than all its competition. We also cover inflation, insider trading by Congress, and the changes in price for the items we need to buy. Central banks are buying a lot of gold. You may want to consider buying more hard assets also!

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