Re:The myth of Nazi efficiency
by dakinsloss on Sunday May 19, 2013 @12:20PM
(#5733300)
Where would the farmers get capital then? I think it's misinformed to claim that bankers are less important than farmers. There are clearly huge issues in the world of finance, but banking does serve an important and legitimate function.
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Where do you think bankers get capital.
Re:The myth of Nazi efficiency
by dakinsloss on Monday May 20, 2013 @10:56AM
(#5737982)
From farmers and other business people. I'm not claiming businesses are unimportant, simply that bankers are (because they redistribute that capital as loans to potentially successful new enterprises).
A less snippy response is bankers are distributing the same finite pool of money so having twice as many bankers might make thing more efficient but it's not going to increase the available Capitol any time soon, ditto for having half as many bankers. Banking is important, but it's also highly automated.