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“If liquidity relies on a steady payment stream from ordinary people, which it does, then you could crash the system any time you wanted, by people stopping their payments. Mortgages, rents, utilities, student debt, health insurance. Stop paying, everyone at once. Call it Odious Debt Default Day, or a financial general strike, or get the pope to declare it the Jubilee, he can do that anytime he wants.”
Oh my God, I made such a mistake thinking Ayn Rand had all the answers!
Thousands of them altogether, sitting on the ground or on concrete benches or on boxes, or
