@ChrisMayLA6 Banks are satan! They want to take no risk, they offer no help to business owners, and they live in a happy oligopoly supported fully by the government.
And despite that, they dare to complain when the government wants to tax them?
For the love of god... if I had the full protection of the government and a oligopoly handed to me, why would I complain about a tax hike of a few percent here or there?
Banks truly are the enemy of business and common man alike.
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Emeritus Prof Christopher May
In response to this post@h4890
We right in that shaded area of the Venn - absolute parasites.... there may have been good reasons for banks at the start of merchant capitalism, but now they are mostly as you say an oligopoly supported (facilitated) by the Govt. making 'super profits' while leaching off society - I'd likely include all of financial services by the same token
@ChrisMayLA6 This is an interesting and painful area for me as a libertarian. I love no regulations, and the way I try to justify my hate against banks as a business owner, is the governments regulation, and the fact that banks are basically a part of government. ;)
But some days I feel as if I should be more positive towards banks, as a good libertarian. ;)
I often dream what the banking landscape would be like without any regulations. Hopefully there would be more banks, and ideally
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