It’s now only politicians, in bed with the banks, who continue to support their corrupt rent-seeking practices. People have woken up. They are alert to them and politicians are on the nose.
Encouraging banks to create more debt cannot, and will not, resolve the world’s impossible debtload. It has to be faced fairly and squarely, not swept under the carpet.
We must tax rent-seeking, and get taxes off labour and capital, in order to resurrect economies.
Max Keiser and Stacy Herbert explain the ongoing banking obscenity well in Episode 877 of the Keiser Report.