Home › Forums › Housing › Why do we need private banks › How many years of Wall Street
How many years of Wall Street ‘profits’ are the taxpayers going to end up paying for? 25? 50?
Pretty much all ‘financial innovation’ is just a way to show short-term ‘profits’ today that will be paid by taxpayers at a later date.
I agree with the OP. Let’s get rid of the private banks. They’re a detriment to society and serve no useful purpose.
