Re:No (Score 2, Insightful)

"What happens when money is created out of nothing is a little bit is stolen from everyone holding that currency by inflation." -Yes but only in the short term. This is not a 0-sum economy. The inflation would be offset with growth in the economy....the question is how long till things even out. The myth of the whole economy downturn is only a few reaped its benefits. The top brings the middle (and some times the bottom) with it when it grows. Main street doesn't exist without Wall street....at least not in its current form. The idea that the people who create "money out of thin air" do nothing of value is false. A modern economy needs credit to sustain its self and more importantly, grow. "Restore the Glass–Steagall Act and separate commercial banking from investment banking." -much better idea then any kind of re-distribution of wealth or some other non-sense.