You and she totally miss the elephant in the room.
Government, as executive and regulatory function, is analogous to the nervous system, while money and banking mirror blood and the circulation system.
We have evolved tot the point of understanding government works best as a public utility, but with banking remaining private, it not only totally controls government, but manifests its ethos of monetization and financialization across the rest of society.
People are linear, goal oriented creatures in a cyclical, circular, reciprocal, feedback generated reality, so we see money as signal to extract and store, while markets need it to circulate. Consequently Econ 101 describes money as both medium of exchange and store of value. Yet they are different functions. Blood is a medium, fat, as well as bone and muscle, are store. Roads are a medium, parking lots are a store. The hallway is a medium, the hall closet is a store.
As a medium, we own money like we own the section of road we are using, or the air and water flowing through our bodies.
It functions as a contract, not a commodity, so to store the asset side of the ledger, there has to be a debt on the other side. Consequently our entire economy is designed to generate debt, including government.
The secret sauce of capitalism is public debt backing private wealth.
That much of this value is unproductively spent seems to be irrelevant. Given our politicians really are there at the interest of the monied and their main function is creating debt, basically we have people with enormous power, but little moral commitment. So the stage actors have devolved into psychopaths and they are playing cowboys and indians on the other side of the planet, while the country rots.
The function of government is the decision making role, so hollowing it out and leaving the banks in charge creates a dynamic with the strategic aptitude of bacteria racing across a petri dish. It is an economic Ebola virus.
When that is addressed, then we can begin to better get a handle on the myriad other social issues.
