Another financial crisis that we all end up paying for
Debunking Economics - the podcast
The Ashley Madison Theory of Banking
Since 2008, I'm not really quite sure what we've learned. Most politicians don't realise that banks have that power. They see banks as just being into majories that transfer money from savers to borrowers. The reality is the banks create money when they lend. And that is an enormous power that they use and that power is why they've got the ear of the politicians. No, it's not an introduction agency. The banks are just self-satisfying themselves. Yeah. So, but we can't buy them out because they are institutions that keep on going.
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