4 ms·
I have no problem with it, because buying these bonds is completely voluntary (and indeed, anyone foolish enough to buy a non-transferrable corporate bond deser
by cloakandswagger 10y ago
I have no problem with it, because buying these bonds is completely voluntary (and indeed, anyone foolish enough to buy a non-transferrable corporate bond deserves what's coming to them).
The reason--at least, my reason--for ripping on "bankers" is because our entire system of money is founded on bonds and thus, debt servitude. No one asked me if I wanted every single dollar to be created in parallel with a debt instrument, and no one asked me if I wanted to have my income taken away to service that debt.
It all comes down to autonomy. People have a choice to purchase Solar City bonds, but our banking system is forcibly imposed upon people by an unelected, private entity.