The author prefers capitalism over communism and other government-controlled markets because he is a firm believer in Keynes Economics. This economic theory suggests that markets should be allowed to work themselves out without government intervention. The author believes that this approach allows for individuals like Bill Gates to become rich and continue to get richer. He also explains the importance of the Federal Reserve and its role in the economy.
Economics can be intimidating to the person who is not well-versed in business and mathematics. This...
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