John Brodix Merryman Jr.
1 min readApr 9, 2023

--

Government, as executive and regulatory function, is analogous to a central nervous system, while money and banking function as blood and the circulation system.

When we have public government and private banking, the banks rule, since there is less oversight, they don't have to work around election cycles and control the finances of anyone presuming to run for office.

The flunkies allowed in only really have one job, to create the debt the banks need to function. The secret sauce of capitalism is public debt backing private wealth.

Consequently our political class has devolved from some semblance of statesmen, to stage actors and now sociopaths. Having all this enormous wealth to expend, but no real moral authority or responsibility to guide it, their idea of fun is to go play cowboys and indians on the other side of the planet, while the country rots and the giant corporate worms crawl through it, consuming any remaining resources.

As government is the decision making function, neutering it and leaving the banks in charge creates a dynamic that has all the strategic aptitude of bacteria racing across a petri dish. So the biggest danger to this metastatic cancer is itself, as it kills its own host.

Capitalism is not free markets. When the medium enabling markets is privately held, we are all tenant farmers to the banks.

The banks are having their, "Let them eat cake." moment.

http://www.publicbankinginstitute.org

--

--

John Brodix Merryman Jr.
John Brodix Merryman Jr.

Written by John Brodix Merryman Jr.

Having an affair with life. It's complicated.

No responses yet