Increased power of finance capital leading to rent-seeking behavior

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The Global Financial Crisis
Long-term causes of the financial crisis?
Increased power of finance capital leading to rent-seeking behavior
Money is created through interest bearing loans.
Unustainable forces of production/consumption: Capitalism
Unintended consequences of earlier public policy choices
Lack of financial literacy.
Accountability Mechanisms ill-suited for Network Style Dec-Making
Global Savings Glut
Human cognitive biases
Natural financial dynamics of the baby boom generation
Graph of this discussion
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