Logical Anarchy Today Episode 152 - Central Banking, Foreign Aid and Poverty
Socialists and communists like to say that poverty is a feature of capitalism. In reality, they are projecting their system's failures on capitalism. Government is what keeps the poor poor and hampers their standard of living. They make both foriegn and domestic individuals in a cycle of poverty through inflationary monetary policy and foreign aid. Aid is just the poor in a rich nation subsidizing the rich in a poor nation.
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