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Because construction creates value, banking does not. It appropriates value through their monopoly on money creation.
by branchless 10y ago
Because construction creates value, banking does not. It appropriates value through their monopoly on money creation.
- jnordwick 10y agoGet rid of all the banks and see how well things work then.
- branchless 10y agoI'd keep the banks but as intermediaries so they have to actually create value. Saying "get rid of X" is not smart as a riposte.