posted on Apr, 22 2013 @ 06:40 AM
Originally posted by Novaisking
This is a really good Mini Doc.
Glad you enjoyed it.
It's time we take away the private banks ability to create money. Money is a law & as such should be strictly created by a government institution.
Lincoln and Kennedy both tried to. Funny how that's not the only thing they have in common....
I rarely find myself arguing for govt over business, but when it comes to the topic of credit creation, I'm inclined to agree to some extent. I say
"to some extent" because at the highest level the two are so closely intertwined. Notice how many Golman Sachs alums staff the highest levels of
govt financial nodes, for example. And besides that there are a lot of envelopes being passed around, if you catch my drift.
That's why I find ATS Govt-vs-business arguments usually flawed. There is a case to be made for smaller businesses vs the govt, but when it comes to
wall street it's a whole other level; places like Goldman and Morgan and the hedge funds, etc.... That's not a "business" in the same sense as a
corner store or even a thriving mid-sizes Industrial factory (are there even any of those left in the US?) They have a whole different relationship to
the econmh and play a different role. And not in a good way, IMHO.