Best Interests

>>"Waiting for the private banks to voluntarily act against their best interests is insane."

Yes, I know. That's why I base my explanations of the economy on the assumption that any private for-profit monetary system will always work in competition against the public, and there's absolutely nothing the government can do about that, other than make their system illegal and exile or incarcerate all its operators.

People are always saying, "America's economy is not working". But they're wrong. It all depends on where you're standing when you look at it. To break it down to the most basic level, just answer these two questions:

Who has title to real assets?

Who endures a growing debt burden to maintain occupancy/rental of real assets?

The answer to the first is 'the winners', the answer to the second is 'the losers'.

The economy is working for the first group and draining the second. All debt-backed monetary systems have one purpose: confiscation of assets in return for paper that will eventually return to its intrinsic value, zero.