The so-called capitalists used the money printing to bail themselves out and destroy savers.
Savers are supposed to be at the heart of capitalism. Excess capital from the savers is ploughed back into productive businesses, and balanced interest rate settings reward these vital savers with a healthy return while adequately pricing risk and preventing malinvestment, Bad businesses die, strong businesses thrive. This is how it is supposed to work. Now the system is off the rails because central banks and governments - clowns all - have decided to destroy savers, and prop up their crazy bubbles via any means necessary - including negative interest rates and out of control money printing. QE is another dirty trick to suppress interest rates and allow unlimited government spending.
The socialists (communists) and MMT fantasists delight in piling more debt onto the sagging system & rejoice as the money printing futher corrodes & debases our currencies. They gleefully await the day when everything dalls apart and their imaginary utopia can begin.
The system has been hijacked and sabotaged. We cannot call this capitalism any longer. This disgraceful socialism/corporatism/statism hybrid is the worst of all worlds.
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