People speak of capitalism like it is this philosophy that is installed, instead of naturally arises. The US is far more socialist than it is capitalist. We pretty much have printed money ad infinitum. Money is not special. All money does is makes it easier to exchange goods and services. Instead of trading a loaf of bread for a piano(which isn't an equal trade at all) we have money to make the process of exchange easier. Often greed gets blame for things that the government actually causes. The excess greed is often the result of the conditions in which the government sets up. The government comes in, subsidizes certain markets, the prices go up artificially, and then subsequently falls as imbalance is unsustainable. When the markets falls, the liberals come out and start blaming greed and Wall Street. The truth is, there's are fundamental issues in the particular markets that are usually so blatantly obvious and natural, that if the average person just took a moment to look at it, they'd realize they they are being conned into believing in something that actually caused the problem.
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I mean look at that price spike, do you really think that is occurring due to a natural process of just greed. I mean it surely had nothing to do with the concurrent new policies that led to government back mortgages and fed policy with lower interest rates /sarcasm.
They've kept the interest rates at near zero percent for like 10 years. That is not capitalism, it is the fundamental basis of Keynesianism which leads to cronyism. The world economy has hit the point of no return. The US will fall and everything else will fall right along with it. The government keeps touting its big GDP numbers, but prices are going up at the same time. You're looking at a very similar pattern to what happened in the 70's with stagflation except it's going to be 100 times worse. The GDP was going up in the 70s as well along with the price. The GDP tapered off and the prices stayed up. Crazy thing is, the entire world followed our exact strategy cause they thought what we were doing was working. It's going to lead to a global economic collapse.