No, printing money (QE, inflation, what have you) is absolutely NOT a capitalist tenet. Quite the opposite.
We do not live in a true capitalist society anymore, although we still use the term, and so disparage it. Creditism would be better, since the government and federal reserve push debt/credit like its the way the world aught to work, instead of production, saving, and intelligent reinvestment.
This is what bothers me so much about the new anti-capitalist push. Sanders is right about the banks and Wall Street and the like, but he's dead wrong that capitalism is the problem. The problem is this perverse crony capitalist centrally planned insanity we've been living in.
And this is not a republican or democrat thing. Its basically just the way things have worked for a long time, highly accelerating when Nixon stuck the final nail in the gold standards coffin.
We do not live in a true capitalist society anymore, although we still use the term, and so disparage it. Creditism would be better, since the government and federal reserve push debt/credit like its the way the world aught to work, instead of production, saving, and intelligent reinvestment.
This is what bothers me so much about the new anti-capitalist push. Sanders is right about the banks and Wall Street and the like, but he's dead wrong that capitalism is the problem. The problem is this perverse crony capitalist centrally planned insanity we've been living in.
And this is not a republican or democrat thing. Its basically just the way things have worked for a long time, highly accelerating when Nixon stuck the final nail in the gold standards coffin.