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2026-07-23 15:32:21 UTC

TFTC on Nostr: You can't have capitalism when the money is corrupted. We don't live in a truly ...

You can't have capitalism when the money is corrupted.

We don't live in a truly capitalist society when money, the most important tool for coordinating capitalistic activity, is centrally managed. The price of credit is a policy variable, the federal government borrows trillions without an immediate market test, and systemically connected firms expect rescue when their bets go bad.

Your local contractor can't summon the Federal Reserve when a project fails. But Treasury, banks, and the largest financial institutions operate under completely different expectations. Once everyone knows the backstop exists, behavior changes before a rescue ever arrives.

Politicians spend more because the cost is hidden in another debt auction. Banks take more risk because a big enough failure becomes a public problem. Asset owners benefit first when new liquidity hits financial markets. Wage earners and savers meet the consequences later through inflation, higher asset prices, and the erosion of purchasing power.

Gen Z inherited this system. They didn't grow up watching losses clear and bad firms disappear. They grew up watching asset prices levitate after each crisis while the cost of basic life moved further out of reach. Then we told them capitalism was responsible.

They were given socialism-light, told it was capitalism, and asked to defend it.

The answer is to restore the constraint that makes capitalism honest: bad investments must fail, and no institution can possess a permanent claim on someone else's purchasing power.

Bitcoin is money the state cannot issue and collateral the central bank cannot dilute. Don't wait for Washington to restore capitalism. Exit the politically managed credit system one balance sheet decision at a time.