• partizan@lemm.ee
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    6 months ago

    You see only binary. I didnt said its communism, I said its not free market capitalism, if the state can devalue your money by half with a single action (why do you think basic groceries cost double since 2020 ?), and its not a free market capitalism, when they impose 50% tariffs on anything Chinese regarding EVs and stuff around https://apnews.com/article/biden-china-tariffs-electric-vehicles-solar-254546e92f823a78220c195a0a42a10e

    They dont buy their currency, they print promissory notes, that they will repay the debt, in exchange for money. And if you still believe that US can once repay its debt, you are delusional… Especially now, as China and many others are trying to get rid of petro dolars…

    • zbyte64@awful.systems
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      6 months ago

      “Free market capitalism” is a fairytale we tell school children. Free market capitalism would be me filling up my car with leaded gasoline before going to work at a meth plant, but also I gotta pay the toll to use the private roads.

    • MotoAsh@lemmy.world
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      6 months ago

      bahaha You are the one with binary thinking… The government doesn’t magically mean “not capitalist”, fool. When the government spends money, it’s not magically “not capitalist”, either.

      The US government is capitalist because they back up and enforce things for corporations’ bottom line. You speak of debt as if that magically makes them not capitalist… You are quite literally ignorant on what “capitalist” even means. Sad. Pathetically sad.