
Josh Farley: "Money, Money, Money"
The Great Simplification with Nate Hagens
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What Would You Do if You Were a Benevolent Diktator?
If you were benevolent dictator and had no personal status, risk or danger from doing so, what would be the one thing you would implement regarding money, or advertising, or our system to help our future? What i would actually do is essentially create a national bank that functions like a conventional bank. And remove all support for the private banks. So we would, you know, right now we need a financial sector. When they do stupid things, they know they'll be bailed out. If you took away the guarantee that they would b bailed out, first of all, they wouldn't do stupid things. Second of all, people would be much less confident about investing in private banks,. where it
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