The banking sector, shuffling paper to allocate resources. Them I can live without. Especially in a debt free world. We don't need debt funding and complex financing. It's all bullshit. Let's go with equity financing. Way more robust. No runs on debts. Elimination of debt crisis. End of story.
With real skin in the game, even dumbasses on Wall Street will make rational choices.
I'm for as little financing a distance as possible. Money needs to be a tool. Your real savings should be your property and reputation in the community where people know they can depend on you when things break.
Look I'm for less employment and more person to person, community to community, trade and commerce. We have the means to set it up. Global economics is all bean counter fantasy. But the fact is, we're ALL paper pushers. Inflation and deflation benefit one side or the other, when that side is in the position to make itself more secure through that option. Pushing for deflation in the short term just makes the rentier class less able to
Ftfy