CURT: PLS DEFINE FINANCIAL PREDATIONISM —“Curt: Google returns precisely zero

CURT: PLS DEFINE FINANCIAL PREDATIONISM

—“Curt: Google returns precisely zero results for the term ‘financial predationism’. Can you explain it to me?”— Craig Tuohy

The use of fiat money (shares in the economy) dollars to provide liquidity (money necessary to preserve economic velocity and adapt to shocks) through the financial system(banks and financial institutions) that charge interest (profit) on business loans (speculative) consumer purchases(non-speculative) especially home mortgages, automobiles, and durable appliances, (when we are only borrowing from ourselves), or through fiscal policy (spending on government investments) rather than directly distributing liquidity to consumers via credit/debit cards, and thereby avoiding the transaction costs (time and friction of distribution of liquidity) as well as the unearned fees (interest) on borrowing money (liquidity) from ourselves. This is the cause of financialization. Between financialization, taxation, and redistribution of reproduction to immigrants and underclasses the productive classes (labor, working, middle, and professional) are being cyclically genocided against through “Financial Predationism”.