all good points you make Gio..... but what da ***k how can there be "a mutual value exchange." with banks.... when times are tough for the banks the Gov underwrites their deposits and the RBA creates money and uses it to buy bank-owned bonds thereby propping their liquidity.... then when times are great for banking interest rates the banks give nothing back but uses the increased interest rates to maximise their profits by stimulating inflation.
nah mate..... there is no "fairness" or mutual benefit, let alone value exchange - its an illusion. we live in a capitalist world where big business resigns supreme.
