Comments by "Robert Smith" (@journeyon1983) on "Unregulated Capitalism and the Persuit of Happiness..." video.

Everyone has misspelled more than once in their life so stop being the spelling police. I think capitalism is nothing more than a pyramid scheme. Look no further than our national debt, which will never be paid off. The Dems and Repubs have absolutely zero interest in paying off the debt.
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If the government did that then we'd be no better than China who manipulates their currency. Creating money out of thin air? Never heard of that. The way I was told is money created must be backed up by government bonds that people buy. That is the only way to print money, to my knowledge. To me, that is more justification of capitalism being a pyramid scheme. And, no, I stand by what I said about the debt never being payed off. Look at when Clinton had a surplus during his second term in office. Rather than taking that surplus money and paying down the debt, W Bush was elected and gave that surplus money in the form of tax cuts that went mostly to the wealthy. There you have it. As long as we NEVER pay back the national debt, capitalism, a pyramid scheme, will continue to function and both parties know that.
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