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Writer's pictureRicardo Martinez

THE MONEY VS. LAWS DEBATE: WHY BANKS ARE THE REAL PROBLEM

Updated: Jul 9, 2023





Money and laws have a complicated relationship. On the one hand, laws are designed to regulate the way money is used, ensuring fair play and protecting consumers from fraud. On the other hand, money has the power to influence laws, and those who control it can often bend the rules in their favor.


In recent years, many have argued that the real problem lies with banks and other financial institutions, which have the power to shape our economy and our politics. Here's why:

  1. Banks Control the Money: Banks are the gatekeepers of our financial system. They decide who gets loans, who can invest, and who can access credit. This gives them immense power over our economy and our political system, as they can use their influence to shape laws and regulations that benefit them.

  2. Banks Have a History of Corruption: Banks have a long history of corruption, from the subprime mortgage crisis to the LIBOR scandal. They have been known to engage in predatory lending practices, engage in insider trading, and manipulate markets for their own gain. This has eroded public trust in the financial system and created a sense of unease among consumers.

  3. Banks Are Too Big to Fail: Banks have become so large and so interconnected that they are now considered "too big to fail." This means that if a major bank were to collapse, it could have catastrophic consequences for the entire economy. This gives banks even more power, as they know that the government will bail them out if they get into trouble.

Key Takeaways:

  • Banks have the power to shape our economy and our political system.

  • Banks have a history of corruption and engaging in predatory lending practices.

  • Banks are considered "too big to fail," giving them even more power and influence.

The debate between money and laws is a complex one, but it's clear that banks are the real problem. Their control over the money supply, history of corruption, and "too big to fail" status give them immense power and influence. As consumers, it's important to be aware of this and demand greater transparency and accountability from our financial institutions.


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