4 ms·
Where would the farmers get capital then? I think it's misinformed to claim that bankers are less important than farmers. There are clearly huge issues in the w
by dakinsloss 13y ago
Where would the farmers get capital then? I think it's misinformed to claim that bankers are less important than farmers. There are clearly huge issues in the world of finance, but banking does serve an important and legitimate function.
- Retric 13y agoWhere do you think bankers get capital.
- dakinsloss 13y agoFrom farmers and other business people. I'm not claiming businesses are unimportant, simply that bankers are (because they redistribute that capital as loans to potentially successful new enterprises).
- Retric 13y agoA less snippy response is bankers are distributing the same finite pool of money so having twice as many bankers might make thing more efficient but it's not going to increase the available Capitol any time soon, ditto for having half as many bankers. Banking is important, but it's also highly automated.