#SteveKeen on the incentives to bank Ponzi scheme in home lending.
1 min video
#economics #cheimgauer #freigeld #gesell #DasGeldSyndrom
As much as greed drives business, there’s a reason why the far right goes nuts over bankers beyond the dog whistling. They get thrown over a barrel too. Makes one wonder if there is any palliative effect in the community running finance for its own benefit owns of course business owned by its workers. (tldr: yes)