“...If you look at mainstream economics there are three things you will not find in a mainstream economic model - Banks, Debt, and Money.
How anybody can think they can analyze capital while leaving out Banks, Debt, and Money is a bit to me like an ornithologist trying to work out how a bird flies whilst ignoring that the bird has wings...”
―
How anybody can think they can analyze capital while leaving out Banks, Debt, and Money is a bit to me like an ornithologist trying to work out how a bird flies whilst ignoring that the bird has wings...”
―
“The bankers and financiers are badly overplaying their hands, again, and people are starting to catch on to the scam.
Real wealth is tangible things produced with tangible effort. Loans made out of thin-air 'money' require no effort and are entirely ephemeral.
But if those loans are used to acquire real ownership of real assets, then something has been exchanged for nothing and one party is getting screwed.”
―
Real wealth is tangible things produced with tangible effort. Loans made out of thin-air 'money' require no effort and are entirely ephemeral.
But if those loans are used to acquire real ownership of real assets, then something has been exchanged for nothing and one party is getting screwed.”
―
“When it comes to paying contractors, the sky is the limit; when it comes to financing the basic functions of the state, the coffers are empty.”
― The Shock Doctrine: The Rise of Disaster Capitalism
― The Shock Doctrine: The Rise of Disaster Capitalism
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