Don’t Blame Financial Follies on Free Markets

Continue to educate and inform.

A Reason article, “Corporatism, not Capitalism”, exposes the fallacy of blaming the financial crisis on free market capitalism, and explains how big government corporati…

>> When that happens, they keep the company running with
>> “emergency expenditures,” which its accountants don’t
>> consider real expenditures for records-keeping purposes,
>> even though they’re paid with real money.

They aren’t paid for with real money: they’re paid for with Federal Reserve Notes.