Government, as executive and regulatory function, is analogous to the nervous system, while money and banking mirror blood and the circulation system.
With public government and private banking, the banks rule. Less oversight, no election cycles to work around and control the finances of anyone running for office.
Consequently the only real job the flunkies allowed in office have, is running up the debt the banks need to function. The secret sauce of capitalism is public debt backing private wealth.
People are linear, goal oriented creatures in a cyclical, circular, feedback generated reality, so while markets need money to circulate, people see it as signal to save and store. So Econ 101 says it's a medium of exchange and store of value.
Yet in your body, blood is the medium and fat is the store. What if your body tried to store blood?
Basically that's what our society and economy tries to do. That's why finance has gone from about 5 % of the economy, to about 40%.
The more that's taken out, the more has to be issued and the more tenuous the methods of storing it.
To store the asset side of the ledger, there has to be a debt on the other side.
As medium, we own money like we own the section of road we are using, or the air and water flowing through our bodies. It's not our picture on it, we don't hold the copyrights and, most importantly, are not personally responsible for its value, like a personal check.
It functions as a public utility, like roads.
The fact is, there isn't the investment potential for everyone to save individually, but we do save for many of the same reasons, so public commons and works would be a logical solution. Though that would require recognizing that a healthy society is based on everyone being responsible, with rights as reward, not rights as ordained and responsibility being optional.
