THE POLITICAL CONUNDRUM

Government, Banks, Political Parties

To assist the wellbeing of its people, the job of representative government is to issue the currency by spending into the management of infrastructure, security, health, education and natural monopolies, including power supply.

To enable shareholders a profitable return, the job of private banks is to have people and companies at maximum levels of debt, to earn the greatest possible interest thereon.  

To rationalize these incongruities, it has become the job of political parties to ignore the political reality of impossible levels of private debt.

Therefore, the election of political party representatives has proven unable to deal with the underlying malady. They are dismissive. However, they will endlessly harangue people about the high level of public ‘debt’ (which isn’t debt)!

Acceptance of the contrary goals of government and private banks comes at an enormous cost to the socio-economic wellbeing of citizens. The public have become ‘financialized’, serving both land prices and the taxing of their incomes and purchases.