Banks. What Are They Good For? Actually, Something

http://www.bbc.co.uk/news/world-europe-19130897

Keep an eye on this as the story develops. We'll get to see one instance of what happens when the central bank is actually overseen. Hopefully, the government will do its part to keep it functional and safe; something that unregulated banks have demonstrated they can't and won't really handle when push comes to actual shove.

I think that banks, for their part, act as mitochondria within the larger cell structure that is our society and economy. They provide the main fuel that powers our world with money and money markets, and in return, are enabled to benefit and thrive on their own within the larger framework that is our social, economic and environmental world. (http://en.wikipedia.org/wiki/Mitochondrion)

However, when they begin to get reckless or when they crash themselves, they act more like parasites than as a symbiotic organism within the grander picture of the larger organism/cell and thus, work to kill off the host rather than benefit it. The joke of the matter for them, is that as they kill off the host that is the social, economic and environmental world, they kill themselves off as well. If it's not the economic world that stifles them through lack of growth, it's the social world that rises up and attacks them. If it's not the social world that rises up and attacks them, or if the social world is ineffective at attacking them well, it will be the environmental world that will wipe them all out with the rest of us.

It's really in their interests to play ball with the rest of the economic, social and environmental world, even if they don't think of it that way for one reason or another. You don't have to believe me that all of these connections and inter-related parts are there, simply because they're there and you're only fooling/hurting yourself when you disregard/ignore them.

If the banks can't or won't play well according to the rest of the worlds that are around them, I think that it is the responsibility of the governing body within the society to take control away from them and put them on a more regimented diet, so to speak, such that they don't kill/hurt the host that they depend on, and we aren't compelled for one reason or another to drag them from their homes and beat them to death. If they insist on continuing with their behavior and their actions and their attitudes, we can always let the situation get to that point, and watch what happens.

This: http://www.youtube.com/watch?v=tGk5ioEXlIM is already encouraging just that.

And the public isn't even in panic/desperate mode yet.

So.

Keep an eye on these Serb banks.

Notice how much money they're still going to be able to make under regulation.

And notice how much more secure the Serb economy and society will likely be as a result of it.

That is my hypothesis.

We see it in the Swiss system, where the government actually sets inflation/deflation rates as a matter of policy.

We saw it in the United States during the second half of the 20th century after the major collapse of the 1920's that happened under deregulation.

And, I hypothesize that we would see it again, if only there was political will to go about effectively carrying that out.

Pity.

Because I think it would actually do some good for our economy if the banks had to invest that money in businesses and entrepreneurs, rather than just play with it amongst themselves.

Oh well.

Let them play.

And we'll see what happens.

Let them play.

Silly brains.

Let them play.