[ar81]

The problem is that US focused on making money, instead of producing value added.

What does a bank produce? Nothing. Or insurances? Nothing. Casinos perhaps? Nothing. Insurances account 16% of US GDP... producing nothing?

If you buy a house, you pay $10 for a $10 house.

If you need a service, you pay and you get something. It could be transportation, it could be assistance to fix a situation.

Banks are not a service. In a service you pay and you get something useful in return. In a bank they give you money, then take it, and on top you pay interests for it.

A business that produce nothing can only make profit by taking more money than they actually pay back. This si how banks and insurances work.

They found ways to print money in accounting books (fake money) and then they transfer the risks to others, so they will absorb the losses.

Speculation is about inflating prices to make more profit based on perception, not value added. Where did the money go? Nowhere. I did not exist. perception is an illusion, not value added.

Capitalism in its origins was about producing value with work, not about printing money with accounting games as it happens today. The unbalance of US economy comes from producing less and creating ghost wealth. In the beginning your money was yours, private property. But today you give them yuor money and they may not want to give it back to you. Not private property anymore.

Banks are a monarchy and they are ruling and setting your destiny while they make money albeit you.