“What has replaced profit on the one hand and markets on the other? My answer: Central bank money has replaced private profit (as the system’s main fuel and lubricant) and digital fiefdoms/platforms have become the realm in which value and capital are extracted from the majority by a tiny oligarchy.”
Big and wonderful Economics interview with Yanis.
So, my questions would be:
– If Central bank money, aka QE aka money printed out of thin air is given to a tiny oligarchy, why don’t we not do that but rather, give it more equally to us, folks?
– If this money is imagined and printed by the government, why isn’t it given to people for them to at the VERY LEAST house themselves?
I’ll wait.