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The main thing that i learned about conspiracy theory, is that conspiracy theorists believe in a conspiracy because that is more comforting. the truth of the world is that it is actually chaotic. the truth is that it is not the iluminati, or the jewish banking conspiracy, or the gray alien theory. the truth is far more frightening - nobody is in control. the world is rudderless.
There's definitely evidence that capitalism at its most ruthless rewards psychopathic behavior. when you look at the worst corners of the american health insurance industry or the sub-prime banking market, it really feels like the more psychopathically someone behaves, the more it's rewarded.
I trust online banking. you know why? because if somebody hacks into my account and defrauds my credit card company, or my online bank account, guess who takes the loss? the bank, not me.
It is extremely difficult for our contemporaries to conceive of the conditions of free banking because they take government interference with banking for granted and as necessary.
The weird thing is that stuart's the one guy - stuart [immonen ]and sean gordon murphy, they're the kind of guys you can trust, where you don't need to do that because those guys are so incredibly reliable. they're just like clockwork, they turn in the pages just so perfectly on time. but i'm so paranoid, because i've been burned so many times, that i'm still even banking these guys.
It's a safe banking system, a sound banking system. our regulators are on top of it. this is a very manageable situation.
It is no coincidence that the century of total war coincided with the century of central banking.
The federal [bank deposit] insurance scheme has worked up to now simply and solely because there have been very few bank failures. the next time we have a pestilence of them it will come to grief quickly enough, and if the good banks escape ruin with the bad ones it will be only because the taxpayer foots the bill.
The advantage of online banking is that you can pay bills superfast, and your account is automatically credited or debited for each deposit and payment, making it easier to stay on track.
By the aristocracy of finance must here be understood not merely the great loan promoters and speculators in public funds, in regard to whom it is immediately obvious that their interests coincide with the interests of the state power. all modern finance, the whole of the banking business, is interwoven in the closest fashion with public credit.
Well what would happen is that if greece defaulted and couldn't pay its debts, all the greek bonds that are held in other banking systems across western europe would suddenly have no value. you could as a knock-on effect create a banking crisis in western europe.
People rightly want our political leaders - on all sides - to concentrate on minimising the damage to jobs, living standards and our savings from the banking crisis.
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