This is from the book I'm reading by Pietra Rivoli: "The Travels of A T-Shirt in the Global Economy" second edition. by the author "A system that ignores market signals, that provides no incentives, and that subsidizes losers cannot be efficient in producing goods and services." The book was completed in 2008, but the quote is in the context to the old Chinese economy, before their form of capitalism. Sounds like our current system here in the US.
Spectacular update, Ron Paul!
K46620 2 years ago
This is from the book I'm reading by Pietra Rivoli: "The Travels of A T-Shirt in the Global Economy" second edition. by the author "A system that ignores market signals, that provides no incentives, and that subsidizes losers cannot be efficient in producing goods and services." The book was completed in 2008, but the quote is in the context to the old Chinese economy, before their form of capitalism. Sounds like our current system here in the US.
BringBackCapitalism 2 years ago
Hey Ron Paul what about auditing also the gold reserves ? Some say there might be very little left or gold bars mixed with tungsten...
chmurkaPL 2 years ago
Ron Paul is the man!
Stardusk 2 years ago 2