In it's simplest form , banking allowed economys to grow. In good economic times the monetary system was necessary for the country to progress. The way the system was designed worked well. However when economic times were bad, the monetary system failed. Not Good! hence congress stickin' there nose in the matter and attempting to regulate the (borrowers/lenders)! This is "Bank" isn't it? Borrowers/Lenders? It's a pretty complicated system but without it , plant your seed with a shovel, pray for rain and hope the locust don't eat your crop before ya get it to market! Draught and the kids don't get M-TV! Lotta variables in a complicated system!Later, Mike M.
This is CABL.com posting #196926. Tiny Link: cabl.co/mZoo