3 ms·
According to Yanis Varoufakis, politicians these days are not so smart anymore because the best, youngest and brightest realize the true power is in finance. He
by b0rsuk 6y ago
According to Yanis Varoufakis, politicians these days are not so smart anymore because the best, youngest and brightest realize the true power is in finance. He also said bankers have figured out a way to use money to buy laws and use laws to make money.
- zdw 6y agoAnd "making money" in the financial services sector generally isn't actively making anything real (be it physical or "intellectual" property), just rearranging speculation and layers of middlemen taking a percentage cut for their "work".