In response to:

Can We Fix What's Wrong With Banking?

DuaneUrban Wrote: Mar 18, 2013 12:54 PM
Unless American's can produce tangible goods and sell them what hope is there? We all can't live selling each other fast food and imported products.

was asked a few days ago by Zócalo Public Square, a not-for-profit daily Ideas Exchange, to contribute a brief comment to coincide with their upcoming event "Can We Fix What's Wrong With Banking?"

I was specifically asked to address the question "should we have bailed out the banks?" Here is my response:

No, we should not have bailed them out. That’s the easy question.

Now that we have bailed them out, however, here’s the important question: "Will we fix what’s wrong with banking before there is a global currency...