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If We Don’t Break Up the Big Banks, They Will Manipulate More and More of the Economy … Making Us Po

• http://www.washingtonsblog.com/2013/07/if-we-dont-
Top economists, financial experts and bankers say that the big banks are too large … and their very size is threatening the economy. They say we need to break up the big banks to stabilize the economy Get it? Break up the big banks, or they will continue to take over and manipulate more and more of the economy … increasing their profits while making everyone else poorer.

1 Comments in Response to

Comment by Ed Price
Entered on:

The banking system is probably good. I don't mean virtuously good. Rather, I mean good for us... though not good for the parts of the world that have been harmed to bring us good through the banking system.

The banking system will probably collapse itself when it becomes too corrupt. But what will we do if we have no banks? What would it be like if there were only personal loans? Should we take away freedom for people to borrow from other people, just to keep a banking system from re-emerging - after the collapse, I mean? Or should we only require all people to take a STRONG course in economics that shows the dangers of a banking system? Would that stop the people from borrowing?

The best thing about the current world banking system - and the thing that will collapse it when the people wake up - is that banking loans do not exist. The word "loan" in bank loans is a lie. Instead, the so-called loans were creations of new money, MADE BY THE BORROWERS, through the banking system, and are therefore, money loaned to the bank when the so-called loan repayment is made to the banks.

When the people wake up to this, they will force their Governmental representatives to dissolve the banks, and to return the banks' properties to the people.


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