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The Fed bailing out corporations isn’t socialism. It’s the state working to preserve capitalism and preserve the status quo in which corporations run things. Wa
by csb6 6y ago
The Fed bailing out corporations isn’t socialism. It’s the state working to preserve capitalism and preserve the status quo in which corporations run things. Watch, by the end of this pandemic large corporations will have come out ahead (since smaller businesses won’t be bailed out by the Fed). This is nothing like the USSR. Do you really think the Fed is going to ban private enterprise and not just hand all the assets right back to the failed capitalist institutions they bailed out?