Πέμπτη 26 Ιανουαρίου 2017

Finance against Business

Banks shouldn't belong to a state or private institutions, but to the people trading. The very existence of external moneymakers and creditors is arrogation of the whole trade. Banks shouldn't be anything more than another public service providing the paper or the data for the trade partners. However they managed to appropriate the whole trade as they own the money needed for the whole trading system. As they ask for interest the whole trade volume should increase every year. However in nature there is no eternal growth, but after a peak there is glut or decline. Finance is used to overcome this glut by fictive goods, which provide gain to finance by business decline. Worst of all why should anybody try to make money out of the goods and services market, when the real money is in the finance instruments with no costs and no real product development? There are giant corporations which were found before the rise of finance, but there so going to be a shift sooner or later.

Article about the Rise of Finance and the Fall of American Business