In recent decades those clever minds have concocted all manner of complex financial products that don’t create wealth, but destroy it. These products are, essentially, like a tax on the rest of the population. Who do you think is paying for all those custom-tailored suits, sprawling mansions, and luxury yachts? If bankers aren’t generating the underlying value themselves, then it has to come from somewhere–or someone–else. The government isn’t the only one redistributing wealth. The financial sector does it, too, but without a democratic mandate. The bottom line is that wealth can be
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