Indeed. The idea presented is that people are shopping regularly, and obtaining most of the goods and services, at small businesses whose owners have listed their homes as collateral, in order to contribute generously to their community.
It is a fantasy.
Neither the owners of big box retailers, or the owners of banks that are giving loans to new businesses, are “taking all the risk”.
Life is good if have hoarded capital, and the reason is because everyone else depends on it to survive.
Indeed. The idea presented is that people are shopping regularly, and obtaining most of the goods and services, at small businesses whose owners have listed their homes as collateral, in order to contribute generously to their community.
It is a fantasy.
Neither the owners of big box retailers, or the owners of banks that are giving loans to new businesses, are “taking all the risk”.
Life is good if have hoarded capital, and the reason is because everyone else depends on it to survive.