Re:The Fed now owns nearly 1/3 of all U.S. mortgages
by arvindch on Wednesday September 09, 2020 @11:24AM
(#24422035)
I honestly don't think "tossing in 10$ to an index fund", i.e literally pocket change, makes anyone a /capitalist/. This is not an argument in good faith relative to the reality of capitalism we live in.
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Re:The Fed now owns nearly 1/3 of all U.S. mortgages
by the_gastropod on Wednesday September 09, 2020 @08:25PM
(#24427590)
It was in good faith, I promise. I think there are multiple definitions of capitalist that are broadly used. I meant it in the “investor in a business” sense. Also, it may be important to reiterate: the idea isn’t to just invest $10 and be good to go. It was just meant to highlight the low barrier to entry, which is very different from buying a home.