We all know the one about the Emperor walking around with nothing on, while everyone admires the finery of his garments – garments so fine that only really clever and smart people like investment bankers can see them. The rest of us thought that debt, was, well, debt, but the bankers said no, debt is asset. It’s just that we couldn’t see it because we were so stupid…
... Yes, we need to stabilise our present situation, and then, perhaps, we could ask a really simple question – far too simple for the clever people – what is money for? At least that way it stops being an end in itself.
