>>513165150
The real root of the problem is fractional-reserve banking. It helps the rich get richer, keeps people indebted, devalues the currency, makes debt and not equity the primary method of finance, creates boom/bust cycles, etc.. It got started in Italy in the late middle ages, by the prominent banking families, such as the Medici. There is nothing wrong with the free-market economy, but when things go wrong people blame the wrong causes. More socialism as the solution is only a bandaid and doesn't fix the problem. It is hard to cure a sick person if you don't accurately diagnose the cause of their illness. What we need is 100% Reserve banking and a currency that can't be created out of thin air in unlimited quantities. Ironically, when equity and not debt becomes the primary method of finance, the equity, i.e. stock ownership, allows for the people to *actually* own the means of production. That thing the Marxists claim to want, but under their rule all you get is the government owning the means of production "in the name of the people", which of course is bullshit.