Our banking system depends on a class of primarily men who, like children, cannot leave the cookie jar. An economic system dependent on the pathological unreliability of the titans of finance fails.
A fraudulent economic system.
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- Our banks prove our system is an unsustainable fraud: banks create and destroy money with their actions, and it is an important feature of the type of economic system we have.
- Homelessness is a product of our economic system: The thing is, in a wealthy society, this indicates not the failure of these people but a failure of the economic system that depends on the existence of these people. If you doubt me, you simply need to listen to Fed Chair Jerome Powell, who confirmed at a hearing with Elizabeth Warren that he is raising interest rates to increase unemployment by more than 2 million workers to reduce inflation. The fact is that corporate greed, as Congresswoman Katie Porter pointed out, is responsible for more than 50% of inflation. But let the workers suffer.
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