Comment Re:You know who the freeloaders are? (Score 1) 1059
So you are a renaisance Italian then? Or part of the Lombard group? How is it in your fairy world?
The world went fine for millenia without banks, and even those countries that had them (like Arabia and China), their purpose was as a storehouse and not control.
Today's banks are intrinsic to the Western economy AND the system is abusive and broken. Just look up the Lima Declaration (1975) and the new world economic order of how the Western powers and multinationals decided how and when developing nations can advance.
That's only 1 example of the importance of 'banks' are. It's all basic bullshit, designed for multinational expansion and backed by banks. Read up on Nauru, South America and the rest of the 'developing' world.
Now there's nothing wrong with banks, just the banking system as we know it today. Banks are a law unto themselves - like the billions of cheap loans in Euros to countries, eventually devaluing their own currencies through exchange rates, so their government and citizens can't pay it back. Now most of Europe is under control of Germany (read Euro-banks). Everyone is in default or broke and all thanks to the banks. FYI: people hate banks because they control your money and profit by it. The safest thing a person can do is to buy bullion and not put their hard savings into a bank. Lets see... @+20% increase per year, I'll double my worth in 5 years.