Steve Keen : Bankers have to be kept inside boxes , not let out

Max Keiser interviews Steve Keen, economist and author of the book Debunking Economics. -On the Edge - 07-08-2011
Steve Keen : the bankers make money by creating debt , and if they can persuade us to take more debt than we actually should take on there will be crisis , and the easiest way to persuade us to do that is to start an asset class bubble , when the bubble starts they fund the bubble , they make lots of money because their debt levels rise and they make money on the margin between deposit rates and loan rates times how much debt outstanding , so the more debt there is the better they are , and we were silly enough letting them getting away with it yet again when the Great Depression should have taught us once and for all 'Bankers have to be kept inside boxes , not let out'