Quote Originally Posted by PhilosopherStoned View Post
Well that's a rather fragile system then isn't it? This is intimately related to the delusion that our growth can out pace the sun's input as it is largely fractional reserve banking that has made this possible. They are essentially giving out money that they don't have and that doesn't rightfully exist (Not that money has any rightful claim to existence in the first place).
I agree, it's a very dangerous system. I'm not sure where you're going with the sun's output thing, though.

And what do you mean money does not have any rightful claim to exist in the first place? Money is a medium of exchange in the market. How could it have and claim to exist?

I don't see that I would have any blame in the situation at all. I took fictitious money from a fictitious entity and didn't give it back.
What do you mean they're fictitious? Define your terms.

It is the banks that put themselves in the situation by exploiting the need of the individual in order to make a profit. If the people needed their money bad enough, I would recommend that they roll up on the bankers house with the appropriate arms and take it out excessive and decadent wealth to be found there. Once that is depleted, there is no end to the amount of oil, tobacco and arms companies along with their associated billionaires to share the wealth as well.
We should be careful to note the dichotomy between market banks and government banks, as I feel you're about to head into anti-market territory (which would be ridiculous since we don't have any sort of free market at the moment). What we have now, by and large, are government banks. They may be privately run, but they all operate under the Federal Reserve and the fractional reserve system.

One should also learn what profit is and note that "excessive wealth" cannot be determined by any objective measure, and that violently attacking people in order to bring about some form of wealth redistribution makes one no better than mass murderers like Mao or Stalin.