Post by
deisman03 on Sep 27, 2023 4:56pm
re crazy
You might just be crazy like a fox???
Without major banks, nothing, including smaller banks and insurance investments, real estate, research, oil and gas exploration and the list goes on can happen.
Banks major purpose is to funnel money at an acceptable rate for the nation to handle.
The people running the banks and the politicians/bureaucrats in their pockets need to be scrutinized very carefully by COMPETENT people.
There is so much money in circulation and exchanging hands that skimming a bit here and there for personal or nefarious purposes is just to easy for those that know where to hide their dealings.
Maybe AI will keep things in line????
Back when executives of large corporations such as the big three auto makers were not making as much money between the top ten board members as all of the rest of the employees working for the corporations, they could skim in all sort of ways and it wasn't taxable.
Now that computers can track just about every cent they get in on and offshore accounts, they have to make up that money in the form of visible contractual obligations. Hence we see the issues with the recent strikes etc.