To take money from the people and give it to the private banks is not very socialist. It is the other way around you know. This is something that has to do with the problems of a market economy and the fact that banks and multinationals take the piss.
To take money from the people and give it to the private banks is not very socialist. It is the other way around you know. This is something that has to do with the problems of a market economy and the fact that banks and multinationals take the piss.
its not private banks its the European Central Bank comprising of the central banks of each member state and headed by appointments made by the governments of the member states.
its not private banks its the European Central Bank comprising of the central banks of each member state and headed by appointments made by the governments of the member states.
Yes private banks in my eye. If one country has left the planned economy and instated a FIAT money system they have privatised the bank. Just as the federal reserve is private. In example Sweden got the fiat system in the early 90s. Let them bankrupt and make decentralized state banks instead.
This topic has been autolocked for inactivity. If you have something to add, Click Here to request it is re-opened.
