How the government has managed the economy since the late 1960s
DON’T CALL IT CAPITALISM
A free, 15-minute crash course on the modern American economy
In this video, you’ll learn how the American Capitalist model of supply and demand was replaced by something completely different—a system based on credit, debt, printing money, and government intervention.
Economist Richard Duncan covers:
How the Fed prints money to create Wealth and finance the government’s debt
How total American debt increased 50-fold in less than 50 years
The difference between Capitalism and Creditism