A debt-based financial system is incompatible with a truly competitive economy. Our system exists by choice, not the dictates of immutable economic laws, and is leading the U.S. to financial collapse. The author highlights essentially ignored inequities and fallacies inherent in major aspects of our economy and of economic theory. The text explains how the system is skewed to big government and a dominant financial sector and undermining our standard of living. V2
A debt-based financial system is incompatible with a truly competitive economy. Our system exists by choice, not the dictates of immutable economic laws, and is leading the U.S. to financial collapse. The author highlights essentially ignored inequities and fallacies inherent in major aspects of our economy and of economic theory. The text explains how the system is skewed to big government and a dominant financial sector and undermining our standard of living. V2
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