Well, she isn't very cheery about our economic system, but I still thing this belongs here rather than Economy Forum (they are real doom and gloomers). It's just pretty interesting way of looking at money.
http://elainemeinelsupkis.typepad.com/money_matters/ Banks are at the base of this huge conglomeration of octopus-like community of financial/speculative systems that have many levels of interlocking business deals. What is going on is simple: all these people are not just making money while creating nothing, they are also creating money itself that is really not part of anything at all. This history of money is pretty simple: starting in the Stone Age, humans moving goods from one community to another discovered they could facilitate this by trading something that represented these goods. The biggest, earliest trade was with the Gods guarding the Gates of Death. If the humans gave them sacrifices and icons representing sacrifices, the Gods would in turn, allow these humans to get a free pass when confronted with the Guardians who have the scales of Libra and demand an accounting of all human 'sins' and violations of the subconscious mind.
I have been shown the door more than once in other formats when I begin talking about death, money and magic. But people who refuse to understand how wealth, magic and death are intertwined cannot understand how money is made and even more so, lost. It should be no surprise to watchers of humanity to see how the very richest organizations and powers in all lands throughout history nearly always end up being the religious money changers in charge of the rituals surrounding the money exchange with the hellish creatures that patrol the Gates of Death. Throughout most of human history, the fanciest buildings, the biggest buildings, the most expensive buildings are the Portals to the Gods, temples, churches, pyramids of power. Often, the rulers try to make the religious powers and themselves one and the same.
In modern times, these people in communist revolutions or fascist coups try to elevate themselves into Plutonian gods. They have the populace worship themselves and they erect huge statues and live in huge palaces just as the Egyptian pharaohs. This tendency to worship the rulers of the mint, the people who control the purse strings, the powers over the banking, the granting of life and death powers over the humans who fear the Gates of Death is at the root of all financial systems.
Today, the present system is in trouble. A classic Panic has ensued. What is 'panic' anyway? According to ancient myths, the god Pan gets humans drunk. They then get even more drunk and the women go crazy, the men have erections, the women rip apart goats with their bare hands and teeth and everyone destroys the vineyards and the fields of grain. Then they all collapse in a drunken heap. In modern times, pundits like to talk about 'creative destruction' but this is not 'creative' at all. It is just pure, unadulterated destruction. Why do humans do this?