“Rent Seeking” => Returns(profits) without contributing to production of goods,

“Rent Seeking” => Returns(profits) without contributing to production of goods, services, and information. Technically speaking consumer credit when financed by treatsury debt (the public) is rent seeking (parasitism). There is zero reason for consumer interest on durable goods.


Source date (UTC): 2021-04-03 15:38:54 UTC

Original post: https://twitter.com/i/web/status/1378371439003336705

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