To your last point: money being created != Wealth/value creation; it’s more like wealth redistribution (if you create a thousand bucks out of thin air, in an economy of a trillion it’s small potatoes - but it does add up fast and affects everyone).
There absolutely is value in banking, but it’s not nearly enough as much as advertised.
To your last point: money being created != Wealth/value creation; it’s more like wealth redistribution (if you create a thousand bucks out of thin air, in an economy of a trillion it’s small potatoes - but it does add up fast and affects everyone).
There absolutely is value in banking, but it’s not nearly enough as much as advertised.
I’m aware.
I just didn’t want to go into detail with this particular can of worms.