Our entire banking system is premised on the ability to siphon away wealth and bolster elites while creating as little real value as possible.
If you're a large institution, then you have the ability to take out a loan to buy up hundreds of family properties, and if it all comes crashing down because you're an idiot then the Fed will step in with relief cash or allow 401ks to invest in private equity or just invade Venezuela for you.
Our entire banking system is premised on the ability to siphon away wealth and bolster elites while creating as little real value as possible.
If you're a large institution, then you have the ability to take out a loan to buy up hundreds of family properties, and if it all comes crashing down because you're an idiot then the Fed will step in with relief cash or allow 401ks to invest in private equity or just invade Venezuela for you.
It's really making me sick.