"When you see that trading is done, not by consent, but by compulsion–when you see that in order to produce, you need to obtain permission from men who produce nothing–when you see that money is flowing to those who deal, not in goods, but in favors–when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed." - Ayn Rand
Volatility does not equal risk
BREAKING — JANET YELLEN STUDYING EFFECTS OF MAGIC PIXIE DUST ON GLOBAL BANKING PONZI
The veil has been lifted. All retail banks everywhere are insolvent or illiquid at all times They're leveraged 20x on your money They hold $3 to $5 for evey 100 they lend. Banking = Legalized Fraud image
If banking wasn't a con game it wouldn't need the confidence of it's victims. image
If a bridge collapses, do you blame the pedestrians for not having enough confidence in the bridge? What about a bank collapsing? The only reason you could think banks are different is that you dont understand banks or banking. image
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