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The issue of compound interest drawing all value into the center of society and pushing debt out to the edges goes to the dawn of civilization. That's why debt jubilees were established 3000 years ago.

It's not about markets, it's about finance. It behooves the financiers to confuse the difference between the banks and the markets.

Government, as the executive and regulatory function of society, was private originally, but few want to go back to monarchies. Private banking, as the circulation mechanism of society, is having its, "Let them eat cake." moment, now. They are cooking their own golden goose.

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John Brodix Merryman Jr.
John Brodix Merryman Jr.

Written by John Brodix Merryman Jr.

Having an affair with life. It's complicated.

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