For example, how financial assets are produced by the government through fiscal and monetary policy has a huge effect on who gets the buying power that goes along with them, which also determines what the buying power is spent on. Normally money and credit are created by central banks and flow into financial assets, which the private credit system uses to finance people’s borrowing and spending. But in moments of crisis, governments can choose where to direct money, credit, and buying power rather than it being allocated by the marketplace, and capitalism as we know it is suspended. This is
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