A good answer to why Banks are not free enterprises
Finally a good answer to why we shouldn't treat banks like other free enterprise businesses: because they get their license to operate from the government in the first place they aren't free enterprises. They are actually extensions of the government and as such should be held to the same standards with respect to First Amendment protections.
Now of course that would all change if we were to abolish the Federal Reserve and go back to a gold standard. Then banks would be free to store gold and lend out against those reserves as they used to more than 100 years ago.
Now of course that would all change if we were to abolish the Federal Reserve and go back to a gold standard. Then banks would be free to store gold and lend out against those reserves as they used to more than 100 years ago.
The only thing that banks produce is inflation.
They profit (actually it's looting and stealing) because they can loan money at interest they didn't invest and never had.
That is created under a government granted monopoly with zero competition.
There is no innocent banker. They are all thieving scoundrels.
But not to let many people know about it.
Trampling protesters- that is what his regime has been doing for years to protesters in the Russian ethnic areas, but with guns not horses. Showing the handing out of guns is just theater, para military extremist groups have all the guns they can use.
blarman's claim is still correct. Banks are an extension of the state with even less accountability than we may think the state has.