(January 22, 2015 at 8:34 pm)Parkers Tan Wrote: Actually, if the bank has loaned his money out, they still have to give it back to him when he demands it. It is still his money, because money is fungible. If I borrow a ten-spot from you, I don't have to clear my debt using the same ten-dollar bill.
This is why your point is not convincing.
Money represents the power to buy something. Controlling half the world's money means controlling half the world's purchasing power, and that is power whether or not you choose to recognize it.
Power is one thing, real wealth is another. I thought we were talking about wealth but if you want to talk about power for a minute that is fine. The rich have always had the power....nothing new here. Some of you guys are talking like the rich are hording all the stuff which makes life pleasant(like food, shelter, and clothing) and another Bastille Day is coming. Such claims are utter bull shit peddled by soothsayers in an attempt to influence your vote. The fact that you allow yourself to be manipulated so easily gives people more power over you than numbers in a ledger ever have.
Let me ask you this: Do you think the rich are wielding more power today than they were 100 years ago?