I actually come at this with a set of questions for folks here. Because before we get to the action question I have questions about the broader problem, right. So when we’re talking about truth and truthiness and in media, I think we first have to ask whose truth matters, and what are its boundaries.
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I think one first step is to distinguish between traditional banking, which sells money it has (or it can borrow very quickly, whatever) and finance, which sells something it does not have. And in that selling what it does not have lies its creativity. It has to invent instruments. And secondly—and they go together—it has to invade other sectors. Because it itself does not have what it needs to produce.