Bob_A_Ganoosh
Bob_A_Ganoosh t1_it8k5op wrote
Reply to comment by hornsounder9 in Many countries have a "hidden welfare state" for incumbent homeowners, as governments subsidize homeowners through the tax system. The homeownership welfare state is strongest in the US and other Anglophone countries, but weakest in the Scandinavian countries. by smurfyjenkins
Think that's whack, wait till you learn that even a conventional mortgage loan is money *poofed* into existence via the fractional reserve banking system.
Bob_A_Ganoosh t1_j6ng5js wrote
Reply to comment by excoriator in New Poster for "Rittenhouse Square" by peter095837
I have spoken.