Tag Archives: borrowing

Capitalism–or “Bank-ism?”

The problem with capitalism is the same thing that is touted as its virtue. Namely, one of capitalism’s animating doctrines is that a worker can work hard and make more money as time goes on, and this is how the … Continue reading

Posted in Bank-ism, Crap-italism, Debt, Everything Is Rigged, Financialization, Rent-seeking, Rentier, Wealth transfer | Tagged , , , , | Leave a comment


ABSTRACT: I get tired of reading about how banks lend money and take all these risks and are therefore entitled to “repayment.”  National discourse on the fact that banks do not lend their or their depositors’ money needs to begin … Continue reading

Posted in Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, fiat currency, Secondary debt market, US Bank | Tagged , , , , , , , , , | Leave a comment