Hi there, complete regard here. I have some natural deep seeded hatred for “economics” or whatever banking/credit/investment/stocks are.. and believe the system needs a complete overhaul.

I’d like to gather some input from others more learned than myself about how we can solve the corruption and even the scales of society.

Interest and loans.. poor people are kept poor by banking. Why can’t “Hometown” banking be owned by the county or state, profits going to public services instead of profiteering golden parachutes.

Give every American 10k in credit with a .5% interest rate, as a “safety net” or if they’re an addict they blow through it as soon as they get it, either way the hometown bank gives the loan to everyone and you make your own credit from the start, choose your own destiny. If the money is never repaid, oh well.. it’s lost in the sauce of successful interest payments.

Increased interest… on large loans.. I understand charging people more for borrowing means less borrowing, but most people borrowing HAVE to borrow… why not milk the wealthy instead of starve the poor. They’re also able to absorb the cost at a loss to profits, because “people” borrowing $3mil are actually corporations.

meanwhile poor people are admitting to not being able to save $3000 for a car, you give them payments adding up to 3800 and they pay increased insurance the entire loan probably costs the Poor person an additional 1200 or more.

To me, the layman.. the federal reserve already gives out money to loan and sets the rates, adding Bank of America to the mix seems like extra steps for extra costs. The federal reserve would still be more than willing to give loans to “investment” banks or any “banks” that wish to borrow money to risk and invest as they see fit.

I see a great value in home loans and auto loans interest payments going to pave the road in their communities or install sewer etc

If this reduces the number of loans.. awesome!!! You used to buy a home with a savings, then a 15yr loan, now a 30 year standard. Why let fake numbers determine it takes 30 years and 450k to buy an 850sqft 2 bedroom that someone bought for $65k 30 years ago. And I get supply and demand about housing, but the wide availability of loans in the 90s allowed the sale prices to far exceed the real world values.

I also don’t believe corporations should own residential housing, and then claiming loan payments as loss carry 1,000s of 30 year loans driving up the prices or charging Airbnb rentals or personal, let people own a reasonable number of properties… but being alive shouldn’t be a business

Is it crazy to say, make all publicly traded stocks exist on a blockchain… or would that bring the collapse of the fake shell game that’s used to devalue everyone’s retirement savings

I know I have very little idea what the fuck I’m talking about, maybe 2,900 of you can solve the problems. But it shouldn’t be bad to lose the birth lottery into a family network that knows nothing of credit, let alone inheritance tax or what a trust means.

There’s a lot of people out there that are paid an income and don’t actually make anything, most of them need to find new jobs.