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A comment on The Old Are Eating the Young. Parent comment

Re:The Old Are Eating the Young by somecallitblues on Wednesday June 14, 2017 @06:45AM (#14551818)
It's banks. Our current capitalism functions on financial credit. Banks are lending all this money they don't have in hope that they'll get it back with interest. Everyone believes in it and I'd say that it's a form of modern ideology.
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Re:The Old Are Eating the Young by RobertoG on Wednesday June 14, 2017 @07:52AM (#14552044)
The function of private banks (apart of managing the system payments) is to arbitrate the creation of money when there is something deserving to invest. That's not a problem, or an ideology, is how the system works.

A different question is if they do a good work.

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