CHAPTER 5WHAT WALL STREET REALLY WANTS
The Bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough money to buy it back again.
ATTRIBUTED TO SIR JOSIAH STAMP, DIRECTOR, BANK OF ENGLAND 1928–1941
The Wall Street money game is a power game as old as empire. And like Monopoly, the popular board game, the game isn’t over until the winner has it all. So what does Wall Street want? Everything. And the crash of 2008 did nothing to diminish that drive.
The basic question is whether our institutions should be designed to meet the needs of all or to facilitate the Wall Street drive to get it all. Wall Street’s answer is clear.
TWO GREAT ARCS
The Nobel Prize–winning economist ...